In the past year, foreclosure activity in the US has gone up by 57%. The numbers will spike even higher by the middle of the next year. Also, the statutory regulations now require higher compliance and quality standards. As a result, the demand for mortgage post-closing services has also soared. Nowadays, more and more lenders find themselves outsourcing mortgage requirements to offshore vendors.
Are you looking for a reliable mortgage post-closing company to ensure faster turnarounds and 100% accuracy while lowering costs? Reach out to our mortgage experts to benefit from their rich domain experience. Our services ensure greater regulatory compliance, elaborate quality control, process automation, and more.
Our Mortgage Post Closing Services
Handling post-closing services in-house can multiply the workload, eat away your productivity levels, and tether your focus from core business functions. Leverage our services for better outcomes -
Mortgage Post-closing Investigation
Our mortgage post-closing investigation services help lenders establish the legitimacy of collaterals and the overall loan application process. Our experts analyze credit risks, review documents, verify third parties, and underwrite evaluation taxes. We ensure compliance with investor guidelines and verify signatures on loan documents.
Mortgage Post-closing Audit
Our mortgage post-closing audit services include trailing document retrieval, tax, and insurance audits, assembling loan packages, and more. We ensure 100% compliance and supervise the overall quality control of the audit.
Post-close QC Audit Support Services
We provide back-end mortgage support to direct clear loan documents to your escrow service. We focus on auditing mortgages, HMDA, and all other applicable legal documents while ensuring the highest standards and maximum compliance.
Trailing Document Retrieval/ Document Tracking
This critical aspect of mortgage post-closing starts immediately after loan closure. It includes trailing documents such as mortgage or trust deeds, tax records, assignments, modifications, mechanic's liens, assumption agreements, and Uniform Commercial Code (UCC) records, judgments, etc.
Assembling the Post-closing Loan Package
The post-closing loan package includes the Note, the Trust Deed with Riders, and Final HUD1 with signatures and necessary addendums. We help assemble the post-closing loan package by compiling all documents submitted during the loan process. We work with brokers and title companies to review and put together the final post-closing package.
Post-Closing Data Integrity Audit
We conduct a post-closing data integrity audit to consider any loan deficiencies that may have occurred during the loan process. We guarantee data integrity by meticulously verifying owner-occupancy authentication and addressing underwriter red flags. We work with brokers and title companies to ensure the efficient completion of this vital step.
MERS
Mortgage Electronic Registration System operates an electronic registry designed to track servicing rights and ownership of mortgage loans. We register all approved loans with MERS as part of our post-closing support process. Our services help lenders with faster execution, reduced shipping time, zero documentation errors, and simplified closing processes.
Mortgage Quality Control Audit
We use third-party tools and software to perform quality audits for all loan types. Our services ensure quality control audits for pre-funding, post-closing, compliance, servicing, foreclosure/ EPD loans, QC plan preparation, fraud investigation, and repurchase loans.
Tax, Insurance, and Reserve Audits
We perform tax, insurance, and reserve audits upon the closure of your mortgage loan. We check whether all tax obligations have been fulfilled and identify problem areas. We review policy documents (including the title insurance policy) for discrepancies or errors that may have crept in. We also check for inadequacies by reviewing the reserves.
Why Hire Us as Your Mortgage Post Closing Company?
For increased operational efficiency, outsource mortgage post-closing support services to a leading service provider like us. The benefits of partnering with us include -
Information Security
We are an ISMS-certified firm with state-of-the-art security systems. We ensure all the mortgage post-closing assistance data you share with our team is safe and not divulged to any other party without permission.
Experienced Team
Our team comprises some of the most talented and experienced specialists who can cater to all your needs. Leverage our global talent pool to ensure quality services.
World-class Infrastructure
We understand the importance of the best infrastructure and have access to the latest software and tools and world-class office spaces. We ensure accurate and error-free services.
Flexible Pricing Packages
We help our customers with affordable and flexible pricing packages to suit their budgets and business requirements. Leverage our services to save up to 40-60% on operational costs.
Quick Turnaround Time
We operate through several delivery locations across the globe. It enables us to deliver the best quality mortgage closing and post-closing support services with a quick turnaround.
Dedicated Manager
When you partner with us, we assign a dedicated manager to you. This manager will be the SPOC for all your project needs. They are available 24/7 to resolve your issues and update you about project timelines in real time.
Scalable Services
Our mortgage post-closing solutions help businesses to handle greater workloads. We have the resources and the infrastructure to scale up on short notice.
24/7 Customer Support
Our customer support teams are available round-the-clock to answer your queries via emails, calls, and texts.
Additional Services You Can Benefit From
Mortgage Underwriting Support Services
Simplify mortgage underwriting with M-suite, our in-house automation tool. Our end-to-end services help lenders make discreet lending decisions.
We are a Freddie Mac-compliant company that offers comprehensive support services to lenders. Our loan closing process comes with assured quality.
Our experts help reduce the time taken to process reports and loan documents. Outsource to us to ensure 100% accuracy and faster turnarounds.
Our support services include title ordering support, examination support, commitment support, policy production support, and more.
Our services help simplify the home appraisal process; we enhance core business focus, cost-effectiveness, resource allocation, and TATs.
We respond to borrower inquiries, manage account delinquencies, monitor monthly payments, and more. Leverage our services to streamline your business.
We facilitate the collection of principal, interest, and escrow payments for our clients. We specialize in loan boarding, tax administration, managing AR, and more.
From online lead generation to enhancing your visual directories, we provide end-to-end online marketing services to our clients.
Outsource Mortgage Post Closing Services to Flatworld Solutions
Are you looking for ways to streamline your mortgage post-closing processes? You need skilled resources to handle your mortgage requirements without burning a hole in your pocket. Join forces with us, a leading mortgage post-closing service provider with a global clientele, to expand your business and offer more to your customers. We leverage the latest and the best tools and software while delivering top-notch services. Outsource to us to benefit from our best-in-class services that come with -
Easy-to-read customized reports
Interactive dashboards presenting vital information
Cost-effective third-party reviews
Fair and unbiased results
Accurate graphical and statistical analysis
Guaranteed security and confidentiality of loan files and information
Reach out to us for mortgage post-closing solutions with greater accuracy, improved regulatory compliance, and shorter turnaround times.
Our Customers
Case Studies
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Flatworld's Automated Solution - MSuite Reduced Loan Closing Time Significantly for a US Client
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Automated the Data Indexing and Extraction Process Using its Tool, MSuite, For a Top Mortgage Company
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Flatworld Automated Underwriting Processes for a Leading US Residential Lender
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000