Mortgage Post Closing Support Services
Back office support services to ensure a smooth and timely mortgage closing process
Mortgage Post Closing Support Services
Back office support services to ensure a smooth and timely mortgage closing process
Pristine's Post-Closing and Quality Assurance Support Service enables you to efficiently record the documents at the County office and initiate the transfer of mortgage and loan servicing rights into the secondary market. The audit verifies that all documentation and loan files conform to all applicable underwriting and mortgage processing laws and regulations.
Some of the key steps in our mortgage post-closing services are:
Document Compliance Review
Various records collected, generated, and submitted starting from the mortgage origination to closing, legal, and HDMA documents are verified for regulatory compliance
Tracking And Retrieving Trailing Documents
We keep track of and recover trailing and other pertinent documents. The trailing documents will include mortgage deeds, trust deeds, tax reports and certificates, liens (voluntary, involuntary, municipal, and mechanic), assumption agreements, Uniform Commercial Code records, and judgments. If any of these documents are lost or misplaced, they will be retrieved to ensure the documentation is complete.
Stacking & Indexing
Our Post-Closing process entails stacking and indexing all documents gathered and generated during the various stages of the mortgage process. We verify these documents through our close collaboration with lenders, brokers, real estate firms, and title companies. The final Post-Closing package is presented following a satisfactory review
Data Accuracy & Resolution
Prinstine's audit ensures that the data captured during the mortgage processing is genuine. If there are any inadequacies, resolutions will be recommended.
Our audit clients benefit from:
- Dashboards providing critical information
- Graphical and statistical analysis
- Easy-to-read customized reports
- Cost-effective, third-party reviews
- Unbiased results
- Security and confidentiality of loan files and information
- Tax, Insurance & Reserve Audits
Following the completion of your mortgage loan, we conduct an audit of all applicable tax, insurance, and reserve requirements. We verify that all tax obligations have been met and, if necessary, correct any discrepancies. We conduct a review of the title insurance policy and other policy documents for inconsistencies or errors that may have crept in. Finally, we conduct a review of the reserves to ascertain their sufficiency.
Highly trained title processors working full-time
Highly trained title processors working full-time
Highly trained title processors working full-time
Benefits
Faster Closings and Zero Backlogs
We help lenders reduce the loan processing time by 30% while delivering over 99.8% accuracy
Get Scalable Solution
Offering scalable solutions to withstand fluctuations in loan volume, while ensuring compliance
Reduce Loan Production Costs
We help accelerate loan processing, reatin borrowers and limit costs in origination.
ROI Delivered From Day 1
Start realizing your ROI from Day 1. With Inklude your mortgage operations will always have measurable and predictable ROI
Reduce Cost of Title Production
Improve quality, reduce costs by moving operations to a more efficient variable pricing model"
Transition Capability
Ready to onboard and begin production in short span of time