VCare has been offering mortgage solutions to mortgage professionals, bankers, brokers and lenders across the United States. Our mortgage services are streamlined, process-oriented, and focused on internationally accepted standards, and help our clients get best return on their investments.
Have a look at our detailed mortgage services process flow:
Loan Setup:
- Splitting document and indexing to appropriate folders
- Completing 1003 and other forms in LOS
Loan Processing Support:
- Initial QC, Credit check, and Pre-approval
- Ordering & receiving third-party docs (Title, VOE & HOI)
- Fetching case numbers for FHA and VA loans
- Reviewing complete file & all supporting documents
- Running DU/LP and ensuring there are no red Flags
- Submitting the file for Underwriting
Underwriting Support:
- Reviewing Asset, Income, and Title report
- Appraisal review and revision request
- Reviewing AUS findings and clearing conditions
- Final sign-off and approval for funding
Closing Support:
- Closing document preparation, and final review
- Clearing closing conditions and sending closing instructions
- Preparing the Prelim document and reviewing the final document
- Scheduling and coordinating closing
Shipping/Loan Delivery:
- Preparing and reviewing loan packages
- Uploading documents on the Investor’s portals
- Filling up loan delivery form and submitting the package
Post Closing Support:
- Trailing document retrieval
- Post-closing compliance audit
- Quality control audit
Sales Support