Mortgage Loan Processing Company

Leverage Our Robust Technological Infrastructure & Industry Expertise to Gain a Competitive Edge

Mortgage Loan Processing Support Services

With competition getting tougher by the day in the mortgage services arena, brokers, lenders, credit unions and mortgage companies are finding it hard to stay a step ahead of the competition. Add to this the intricacies of adhering to regulatory guidelines and the mortgage landscape become all more competitive. In such a scenario, reducing the loan processing cost and turnaround time can prove to be a big differentiator for your offerings. You can easily decrease the loan processing time by employing more resources. But more employees means greater spending on talent acquisition and infrastructure. Thus, hiring the services of a reputed third party mortgage loan processing company is the smart way out of this catch twenty-two situation.

Mortgage Loan Support Services

SunTec India is your ideal choice to outsource mortgage loan processing services. Offering a rich blend of industry know-how and advanced technology in our mortgage processing outsourcing solution, we have carved a niche in this competitive arena. With our standardized loan processing services, we help lenders, brokers and mortgage companies reduce their operational cost and time to market. By leveraging the skills and experience of our mortgage processing experts, you can enhance your operational efficiency by up to 60%.

Handling the Complete Life Cycle of Your Mortgage Loan Processing

SunTec India offers the widest range of mortgage process outsourcing services to speed up loan processing of lenders, credit unions, and brokerage firms. Our services are designed to make your operations more agile and customer friendly. With our contract mortgage loan processors at your disposal, you can make your disbursal process faster and in sync with statutory guidelines.

Our Mortgage Processing Services Includes:

Document Compliance

Regulatory compliance is an important factor in the processing of a mortgage loan. Every document has to pass through a stringent compliance process before a loan is disbursed. Following the regulatory guidelines not only augments the disbursal process but also helps lenders in establishing operational control, maintaining data quality and making better business strategies. However, in order to meet the requirements of regulatory authorities, lenders have to spend a lot of their hard-earned revenue in employing the right resources and procuring infrastructure.

We as one of the leading mortgage loan processing companies save your time and resources by taking care of the complete document compliance process. Our dedicated team of mortgage loan processors is well versed with all the statutory protocols. Whether it is Form 1003, Form 1008, pay stubs, TIL, borrower authorization or GFE, our experts make sure that all the information required for loan disbursement is well in place. They review every document meticulously to ensure that your operations are always compliant with the rules.

Mortgage Loan Processing Services: The Documents We Review

Loan Processing Documents for Review
  • Tax Returns
  • Pay Stubs
  • W-2 forms for the past 2 years
  • 1099 forms, form 1003, etc
  • Bank statement
  • Renting history
  • Gift letters; Stocks and Bonds
  • Work visa or green card
  • Profit and Loss statement

Third-Party Document Review

Processing a mortgage loan is a cumbersome process in which a number of third party documents are involved. You as a lender have to collaborate with appraisers, business individuals, mortgage brokers and many more to expedite the loan disbursal. As per the new mortgage regulations, the responsibility of the authenticity of third party documents lies with the lender. To absolve you of this extra task, we offer the expertise of our document review team. By leveraging the experience and skill of these resources, you can rest assured about the validity of these third party records.

Our document review experts are adroit at analyzing documents such as Appraisal, Title, HOI, Tax Transcripts, etc. These resources work exclusively for one client at a time and after completion of the review compile a detailed report indicating incompatible information, contradictory data, and invalid data. With such a comprehensive report at your disposal, you can easily identify consistencies in information and stay compliant with statutory regulations. Our third party document review services also enable you to focus on your core business activity.

The document that we review for third parties includes:

  • Appraisal report
  • Title reports
  • Homeowners insurance
  • Form 4506-T
  • Divorce decree
  • Child support document
  • Copies of Insurance assets

Mortgage Data Entry & Processing

Mortgage loan processing also involves dealing with a humongous amount of data. It has to be collected from various sources, entered into industry-specific formats and processed as per regulatory guidelines. This process eats into the productive time of lenders whose goal is to disburse as many loans as possible in a day. SunTec India is well equipped with resources and technology to handle all aspects of mortgage data entry. Our seasoned mortgage data experts enhance your operational efficiency by entering data in your prescribed formats and processing it as per your individual requirements.

The Mortgage Data Processes that We Undertake Include:

Deed of Trust Lookup and Entry Mortgage Documents Entry Other Mortgage Data Entry
Sale Deed Mortgage Assignments MERS Records
Trustee's Deed Mortgage Releases Sheriff Sales Data Entry
Quitclaim Deed Auction Listings
Warranty Deed Delinquent Tax Lookup
Executor's Deed Mortgage Records Indexing and Data Extraction

FHA Loan Processing

Over the past decade the demand for Federal Housing Administration Loans has increased and lenders find it difficult to deal with the regulatory provisions associated with these loans. We at SunTec India provide lenders with customized FHA loan processing services. Backed by our experience of handling all the aspects of FHA loans and technological superiority, we provide robust back-office support to your operations. We have a specialized team of professionals that exclusively deals with processes related to FHA loans.

Our FHA loan processing services are designed to streamline your loan approval and speed up your operations. Whether it is property appraisal, loan application processing, documents review or loan estimation, our FHA experts can handle all the sub-processes involved in loan disbursal. Being a specialized provider of FHA loan services, we are well versed with the regulatory guidelines and best practices of the trade. Our services not only enable you to focus on your core business but also expedite your underwriting process.

VA Loan Processing

Lenders approved by the United States Department of Veteran Affairs have a hard time processing VA loans. This is primarily because of the stringent regulations governing these loans. Veterans, surviving members of their families and other eligible customers have to be checked for creditworthiness, funding options, and various other factors. All these attributes make VA loan approval a rather complicated affair. We at SunTec India simplify the process for you with our VA loan processing services.

The VA loan support team at SunTec brings to the table an in-depth understanding of the laws and rules governing these loans. To speed up your loan disbursal cycle, our experts use their industry know-how and the latest CRM technology. These resources can take care of every aspect of VA loans ranging from document verification, term sheets to report generation. With our expertise on your side, you can easily stay ahead of your competition.

Get in Touch With Us for Your Mortgage Loan Processing Outsourcing Requirements

For more information on our mortgage loan processing services, drop a line at info@suntecindia.com and one of our specialists will be happy to assist you.

Client Speak

Client Speak

Before partnering with SunTec, I thought outsourcing is still a far fetched dream for mortgage companies as one cannot find the key skill sets in a remote location. But SunTec broke my notion by providing me with the required talent and experience. Not only this, my remote resources were well versed with the US regulatory guidelines. They could process Form101, Form 102 and every other data with compliance. Their professionalism and language proficiency was like an icing on the cake. I am willing to vouch for the quality and accuracy of their mortgage services.

CEO of a leading firm in US
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