Are you short-staffed and time constrained to file the sale or transfer of assumable mortgage? Being a key piece of document to avoid legal and loan servicing expenses, it can be a challenge to complete documentation without the aid from an assignment of mortgage services provider like us. At Outsource2india, we specialize in the offshore assignment of mortgage support services that can enhance the efficiency in mortgage workflow.
We understand nuances in mortgage code and regulatory compliances governing the assignment of mortgage between the original and third-party lender. Since the documentation must include specifics such as borrower information, lender information, and assignment of mortgage validity, we take care to ensure accuracy is maintained in every step of the process to give you complete peace of mind.
Assignment of Mortgage Support Services We Offer
Outsource2india has enjoyed consistent support from over 400 clients across the world. We offer the best service levels in the assignment of mortgage support services. With a zeal to smoothen transaction and the transfer of mortgage we offer value for money assignment of mortgage support services that will give you a reliable option to service loans with efficiency. Our services include the following -
Information Collection and Verification
We have the technology and know-how to smartly aggregate all documents relevant to the transfer of a mortgage from the original lender to a third-party. The new lender must communicate the transfer of the mortgage to mortgagees to allow terms negotiation and paperwork (if any). It can also provide ample time to assumable mortgage holders for strategizing a repayment plan. The collection of relevant information and its verification will mitigate the risk for lenders, especially if the mortgage is transferred to individuals who do not have enough income to keep up with the instalments.
In the assignment of mortgage support services, we can electronically hold your mortgage documents in a digital repository for hassle-free access and management. The assignment of mortgage can be sent to intended recipients via the email. The digitized files can be tracked using specialized software. Additionally, we can also send periodic notifications to lenders and other parties involved in the transfer of the mortgage. The process from start to finish is tracked and logged with precision and accountability.
Loan Modification Services
If borrowers are unwilling or unable to continue with the repayment with original lenders, they can consider the loan modification services to restructure the mortgage repayment options. We will assist in changing the terms of the mortgage to ensure that borrowers can continue repayment to avoid foreclosure. By scrutinizing the loan modification request and the latest financial capacity we will classify the requests.
Assignment Fraud and Risk Management
If you are fraught with concerns regarding identity theft or other forms of fraud, we have you covered with assignment fraud detection support. Our expertise will enable you to transfer the mortgage to verified vendors by circumventing potential risks. Our team will meticulously prepare reports at planned intervals to keep you informed about the transfer. By offering world-class assignment of mortgage support services in India and abroad, we have the necessary skills to predict risks in the assignment of mortgage before it precipitates.
Process We Follow - Assignment of Mortgage Support
The assignment of mortgage support services is unarguably a complex function for lenders with minimum expertise and exposure to risks. This is where we come in. Our workflow is simply flawless and transparent to give you a clear view of the process that culminates in successful documentation. The steps we undertake are as follows -
01. Requirement Aggregation from Lenders
We will collaborate with lenders to aggregate and classify their requirement. We will also make a checklist to ensure adherence to compliances
02. Check Transaction
We will check the transaction between lenders to establish the sale of mortgage without errors. The data will be scrutinized for accuracy
03. Report Submission
We will compile our observations into a report for documentation, further analysis, and mortgage modification
04. Finalizing the Assignment of Mortgage
Once we satisfy your primary objectives the assignment of mortgage support document will be issued to the assumable mortgage holder
Other Services You Can Benefit From
Why Should you Outsource Assignment of Mortgage Services to O2I?
Outsource2india is a number one choice for many mortgage lenders and banks because we understand your concerns better than anybody else. Our timely response and top-notch service levels are uncontested and there is more. Here are the reasons why you should outsource assignment of mortgage support services to us -
Certified Provider of Assignment of Mortgage Services
Outsource2india is an ISO 9001:2015 certified assignment of mortgage support services company that is based out of India.
O2I is ISO/IEC 27001:2022 certified for managing data confidentiality with care and concern. We take quality measures to scale down the risk associated with confidential mortgage data.
High Accuracy and Quality Service
Quality and precision are two elements that we do not compromise. Our service levels are stringent and customer-focused to provide the best experience and satisfaction.
Short Turnaround Time
When you consider outsourcing assignment of mortgage support services to us, we will deliver the support services in shorter turnaround time. Joining hands with us can help you save up to 50% of the time.
Assignment of mortgage solutions is highly scalable and friendly to small, mid, and large-sized lenders. Depending on the volume of applications we can upscale or downscale the service so that you can get the best value.
We do not bombard our clients with services that fall outside their actual requirement. You can customize the assignment of mortgage support services to fit your budget range.
Single Point of Contact
Get a dedicated agent to get a quick and efficient response. We have cut down the response time by eliminating a multi-level agent system where it is a challenge to reach a human voice on the other end.
Experienced Team of Mortgage Processors, and Mortgage Specialists
Our mortgage processing team consists of highly-skilled mortgage specialists who come with many years of experience. Our mortgage servicers have over 10 years of experience and exposure to over 200 projects.
O2I's infrastructure is highly modernized to cater to your needs with maximum efficiency. We have superior hardware, software, and facility to carry out the service without adding up to operational expense.
Customs Assignment of Mortgage Software & Tools
We use a range of automated software and tools that take care of simple rote functions that do not require the full-time involvement of knowledge workers.
Secure File Sharing
We use advanced and secure FTP and VPN that allows data and project files to be moved in a secure way. We can free you from any concerns while moving confidential data.
Our support channels are open 24/7/365 to help you anytime, anywhere. When you feel the need to talk to us you can reach us by phone call, email, or web chat.
Customer Success Stories
O2I Streamlined Mortgage Services for a Residential Mortgage Lender
Shrinking the closing time from 3+ months to a finite number of days was made possible for a mortgage lender with Outsource2india's mortgage support services.Read more
Leading Mortgage Lender Experienced 15% Increase in Business with Our Mortgage Underwriting Services
15% increase in process efficiency was achieved by a mortgage lender by availing outsource2india's mortgage underwriting support services.Read more
Outsource Assignment of Mortgage Support Services to Outsource2india
I have worked with Rajeev and his team at Outsource2india for the last 3 ½ years. 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 »
Outsource2india has close to two decades of experience in mortgage services. With a clear vision and understanding about challenges faced by mortgage lenders, we offer assignment of mortgage support services that will take care of documentation after the transfer or sale of mortgage between lenders. Our support will help lenders maintain a good relationship with borrowers. Our team of specialists works with dedication and zeal to solve a myriad of challenges that manifest during and after the mortgage transfer. Not to mention the legal compliances that must be met duly to avoid facing a high processing expenditure. We also offer other top mortgage services such as mortgage closing support, appraisal support, mortgage processing support, and more.
Get in touch with us and include your requirement and other details so that we can customize a budget-friendly assignment of mortgage support services just for you.
Assignment of Mortgage Support Services FAQs
What does mortgage assignment mean?
Mortgage assignment is a document which indicates that the mortgage of the property has been transferred from the original borrower or lender to a third party.
Are mortgage assignments recorded?
Mortgage assignment is a record of the transfer of mortgage from one lender to another and is recorded and a promissory note is endorsed to the new bank.
Why is an assignment of mortgage needed?
An assignment of mortgage is needed in order to indicate that the mortgage has been transferred from one lender to another and the transferee does not get take the property free of mortgage.