With a peak in the number of foreclosures, the need for post-closing services has also gone up. The increased emphasis on subsequent regulations and scrutiny is yet another reason why mortgage lenders often outsource this non-core business function. As reliable service providers, we ensure 100% accuracy in post close reviews, HMDA audits, title review support, data integrity audits, and more.
Our team validates compliance when it comes to legal origination; we check for loan integrity and highlight pertinent issues. Our experts keep track of signed loan documents and process them meticulously before delivering them to respective parties. Outsource mortgage post-closing services to us to ensure better business flexibility at reduced costs and faster turnarounds.
Our Mortgage Post Closing Services
Need help with gathering and compiling appropriate documents after a successful closure? Leverage our end-to-end back-office mortgage post-closing services that include -
Mortgage Post-closing Investigation
Reviewing files, conducting financial verifications, filing reports, and appraisal desk reviews can be time-consuming, and a lack of technical skills can make it easier to overlook errors and discrepancies. Our auditors cross-check each file to ensure compliance with CFBP, FHA, Freddie Mac, Fannie Mae, and other guidelines.
Mortgage Post-closing Audit
Our services entail rigorous reviews to ensure accuracy and compliance. We investigate HDMA documents, legal records, and origination paperwork. We also check loan data for integrity, generate quality control reports, and highlight potential issues.
Post-close QC Audit Support Services
Our experts review all loan documents like property information, appraisal details, and underwriting reports. We scan these documents to detect and rectify errors and misinterpretations. Our post-close QC audit support services aim at easing your workload and helping you focus on revenue generation.
Trailing Document Retrieval/ Document Tracking
We offer end-to-end mortgage trailing, scanning, and processing support services. We employ automation processes to store trailing documents and send weekly reports to mortgage lenders. Our experts oversee the smooth completion of this procedure to ensure lien release and issuance of the final title policy. We take on this tedious task and complete it within stipulated time frames.
Assembling the Post-closing Loan Package
As part of our post-closing support services and solutions, we assemble the entire loan package by compiling all the necessary documents after a successful loan closure. These include various notes, trust deeds with riders, necessary addendums, final GUD1 with signatures, etc. Our executives work closely with title companies and brokers to review post-closing loan packages to save you valuable time and close loans faster.
Post-Closing Data Integrity Audit
The data integrity audit is a critical step in the mortgage post-closing process; our expert support services help address any loan deficiencies. As part of our mortgage post-close outsourcing services, we monitor different processes and address any red flags from the underwriter.
We provide MERS registration assistance to companies interested in getting fraud and loan tracking services at a discounted price without recording MOM in county land records. MERS registration prevents fraudulent activities by verifying the borrower's property declaration; we also ensure the accurate completion of property preservation information. Our services help reduce costs by tracking issues, reducing corrections, and eliminating penalties.
Mortgage Quality Control Audit
We use customized audit processes and post-closing audit sampling to meet specific requirements. It includes all mortgage loan files like conforming and non-conforming loans, sub-prime, subordinate lien, and reverse annuity loans.
Tax, Insurance, and Reserve Audits
As part of our auditing process assisting, we review all insurance, reserve, and tax requirements. We check for problems and ensure you have met all tax obligation conditions. We review the insurance policy and other documents to look for errors or any discrepancies that may have crept in.
Why Hire Us as Your Mortgage Post Closing Company?
We help follow-up with third parties, retrieve trailing documents, and review post-closing loan packages for seamlessness and accuracy. Partner with us now to leverage the following benefits -
Global Talent Pool
We have relevant experience providing mortgage closing support services to clients across different verticals. We believe in providing our clients with the best services; we follow a streamlined and systematic process for a mortgage closing.
Our team is trained and proficient in using the latest tools and technologies in mortgage post-closing support. We have state-of-the-art infrastructure and expertise in using cutting-edge technologies to provide the best post-closing support services.
We are an ISMS-certified firm with state-of-the-art security systems. We maintain absolute confidentiality and ensure that your data is secure with us when you outsource post-closing support for mortgages to us.
Global Delivery Centers
We have offices in 10+ global delivery centers. Our multiple delivery centers ensure quick service and on-time delivery.
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.
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.
Additional Mortgage Services We Offer
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 support services include title ordering support, examination support, commitment support, policy production support, and more.
Our experts help reduce the time taken to process reports and loan documents. Outsource to us to ensure 100% accuracy and faster turnarounds.
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.
Customer Success Stories
O2I's MSuite Streamlined the Loan Onboarding Process and Reduced the TAT for a US Lender
A client contacted us to resolve the issues with its loan onboarding process. We used our tool, MSuite, to streamline the process with agility and accuracy.Read the Case Study
O2I's MSuite Improved the Indexing Process & Reduced Dependencies for a US-based Lender
We helped a US-based lender by streamlining their document indexing process and enhancing the efficiency of the entire process.Read the Case Study
Outsource Mortgage Post Closing Support Services to Outsource2india
I have been continually impressed by the level of professionalism and integrity of the O2I team has provided. We are looking forward to many more years of partnership with this great company.Senior Vice President, Fast Growing Mortgage Company More Testimonials »
We have been assisting international clients for over two decades now. Having served clients from a plethora of verticals and domains, we understand various businesses and their business models very well and provide our services as per their requirements. With mortgage rules and regulations regularly revised, it is difficult for lenders and borrowers to stay updated. Outsource to a well-established mortgage post-closing company like us to benefit from the following -
- 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 support services with greater accuracy, improved regulatory compliance, and shorter turnaround times.