Are you able to meet the expected efficiency through your end-to-end mortgage-related operations? Are you looking to provide true digital mortgage experience to your borrowers? If yes, then you need a secure, scalable and cost-effective automated solution that can improve your operational model.
At Outsource2india, we future-proof your day-to-day operations through our mortgage automation services.
Over 60% of the tasks related to the mortgage process are prep tasks, which do not require direct user interventions. Thus, the retail lenders, investors, wholesale lenders, service providers, and private mortgage insurance companies are looking for a solution that can transform their operations, reduce costs, provide necessary scalability, and digitize their mortgage lending process. One such solution is Outsource2india's MSuite.
MSuite relies on the following to automate your back-office mortgage processes -
MSuite can go through the scanned images, split and upload them to their respective folders, extract data from various documents, perform stare and compare, raise exceptions wherever needed, and provide low per loan cost-saving solution while complying with the federal regulations.
MSuite can automate the entire UDN process, acquire and integrate data from the internal and external system, provide a seamless customer experience, and more accurate loan processing. You can easily implement this solution into your back-office operation and eliminate the unnecessary clutter of papers, reduce turnarounds, save significant cost.
When you outsource mortgage automation services, we can render the intelligent document capture solutions to capture and commit the needed support at each rung of the loan and mortgage document ladder, which consists of loan origination, processing, underwriting, closing, delivery, servicing and packaging. We provide support services to the following mortgage automation solutions -
1. Mortgage Loan Origination
The lenders, mortgage bankers are stuck in the tight margins, stringent compliance standards, and fast processing of the loans. And the mortgage origination requires manual intervention as it is the first step in which the borrower applies for the loan and the lender processes it. Through our mortgage automation services, you can streamline your loan manufacturing and reduce the total turnaround times in the mortgage loan origination process.
2. Mortgage Underwriting
Our automated mortgage underwriting solutions provide automated income extraction and calculation, which can calculate a borrower's income straight from the borrower's income records. The data is directly fed from the source, which gives you more liberty to engage with your loan originator and loan processor. Moreover, the calculation of a self-employed borrower will be faster, thus, speeding up your underwriting process. And with each document fed into the system in a systematic manner, the underwriter can quickly approve the loan. You can also collate your customers' credit reports, income records, w-2 forms, tax return statements, etc.
3. Mortgage Loan Processing
Manual loan processing is a labor-intensive, time-consuming and risky task, which requires extreme vigilance and focus to successfully process the loan. However, while outsourcing mortgage automation support services, you can process high-volume mortgage loan packets and assemble, prioritize, and streamline with an exceptional precision. You can also auto-validate critical records from the mortgage loan packets and reduce your users' decision-making efforts.
4. Mortgage Appraisal
Mortgage appraisal is the most tiring section of the mortgage lending business. An appraiser has to determine the market value of the property before a lender approves any mortgage. Moreover, the borrower must seek a refinance for any appraisal. But, with O2I's mortgage automation services, your customer no longer has to carry this trend and can rely on the automatic appraisal. As a lender, you can benefit from the data-analytics and determine the current market value of the property in seconds.
5. Mortgage Loan Closing & Delivery
With our offshore mortgage automation support services, you can revolutionize your paper-laden traditional mortgage loan closing, delivery, servicing, and packing process. Our automated solutions can help you collaborate with the borrowers in a transparent environment along with a robust self-service option for your borrowers. You can close and service the loans swiftly and provide better service to your customers.
When you outsource mortgage automation services to O2I, you will get a substantial edge over your competitors. We ensure compliance friendly back-office support for mortgage loan services through our extensive experience in the mortgage support industry. Here are just a few of the many benefits of outsourcing mortgage automation services to us -
Outsource2inida is an ISO 9001-certified organization which assures high-quality mortgage automation solutions. Our loan processing team is highly motivated to help you with your closing challenges and inquiries. With their broad knowledge of the mortgage industry, they can connect with your customers emotionally and factually.
At O2I, our team of mortgage automation executives has access to modern infrastructure in the form of world-class office spaces, uninterrupted network equipment, and the state-of-the-art call center tools and technologies.
We have over 10 delivery centers and four global workplaces. It allows us to work in partnership with you when and where you need. Moreover, our call center executives work day in and day out across all the time zones to cater to your needs and questions.
You can collaborate with us on the requirement basis. With our flexible-pricing option, you get the advantage of choosing the scope and duration of the mortgage loan support services from us. Our customized mortgage automation services enable us to focus on your pain points.
Our assorted knowledge of the mortgage automation and over 10 years of service experience gives substance to our trustworthiness and allow us to competently get ahead of the changing demands and render industry-wide best services.
Our team of call center support executives is available 24*7. When you partner up with us, you can be certain that our contact center professional will always be available for calls during your work hours, regardless of the time zone difference.
At O2I, we have the required resource competence, both in terms of expertise and support. You can depend on us for any spike in your business demands.
Outsource2india has been a pioneer in providing high-value mortgage automation support services in India and a series of other mortgage closing support solutions to its global clientele. At O2I, we have an extended suite of mortgage automation professionals who can provide you with a high-level of scalability & flexibility, which can be customized based on your service needs. We have in-depth knowledge and understanding of the US mortgage and federal laws.
We have rendered our services to the exact requirements of retail lenders, investors, wholesale lenders, service providers, and even private mortgage insurance companies. We continuously evolve and modernize our mortgage automation process to deliver immeasurable value to our clients. Get in touch with us today for reliable, efficient, and cost-effective mortgage automation services.
Decide in 24 hours whether outsourcing will work for you.
Have specific requirements? Email us at: mortgage.info@outsource2india.com
Key Differentiators
Case StudiesDecide in 24 hours whether outsourcing will work for you.
Have specific requirements? Email us at: mortgage.info@outsource2india.com
No.6, Banaswadi Main Road, Dodda Banaswadi, Bangalore - 560 043
Corporate Court, #15, Infantry Road,
Bangalore - 560 001
Lucita Building Lapu Lapu Cr. Sobrecarey Street, Davao City 8000
116 Village Blvd, Suite 200, Princeton, NJ 08540
If you are betting on falling interest rates to save money, ARMs are better, but if you are comfortable with a fixed interest until you pay off it may be wiser to choose a fixed-rate loan.
Every taxpayer is entitled to get a copy of credit report for free of cost once a year from any three recognized credit report companies.
You may consider refinancing your mortgage if:
Your monthly instalments include insurance, tax, principal, and interest. The principal amount is what you pay to clear the outstanding loan.
