A presentation on how Mortgage processing can be outsourced and How outsourcing mortgage processing benefits lenders & brokers.

1. Outsourcing
Mortgage
Processing

2. Benefits of Outsourcing Mortgage Processing
Handling mortgage processing with an in-
house team can be time-consuming and
expensive. Seasonal fluctuations in
volume make hiring permanent staff and
scaling up unaffordable.
Diverting your organization’s focus from
its core competencies can affect your
bottom line too.
Outsourcing mortgage processing needs
to a professional service provider will
minimize the time, costs and hassles
involved, while maintaining high levels of
service and quality.

3. How mortgage experts can help you?
Mortgage experts work with a diverse range of
customers and applications, and can quickly
handle tricky issues.
They will work as your extended team and
deliver greater focus, accountability and
adherence to timelines.
They can vary the team’s size according to your
mortgage volumes.

4. Minimize Cost and Operational Time
The cyclical nature of the mortgage industry
demands a highly flexible approach to
minimize operational expenditures and to
streamline operations.
Outsourcing allows to close loans faster,
maintain the lowest cost per loan, handle
more loan cases and scale up on demand.
High accuracy, fast turnaround and high
customer satisfaction are major additional
benefits of outsourcing mortgage processing
needs and it enables you focus on your core
activities and grow your business, rather than
continuing to struggle with current
requirements and daily activities.

5. How Outsourcing benefits Lenders & Brokers
Some of the direct benefits that can be quickly attained are:
• Easy resource planning for growth and cyclical volumes
• Visible quality improvements
• Near 50% reduction in operational costs
• Significantly lower infrastructure and overhead requirements
• Reduced time and attention required from middle and senior
management
These benefits make outsourced loan processing service
providers an excellent choice for mortgage lenders and
brokers, who would be well served by getting complex tasks
performed by them

6. Mortgage process that can be outsourced
• Mortgage loan processing
• Mortgage Underwriting
• Mortgage Closing
• Mortgage post-closing
• Mortgage Appraisal
• Title ordering
• Title Examination
• Title insurance

7. How To Make Outsourcing Work for You
Outsourcing, if handled well, can be a competitive advantage for your business,
as it helps you overcome several operational shortcomings and realize
substantial cost savings.
Here are a few important points to be considered while taking the outsourced
services route:
• Choose an experienced outsourcing partner
• Start with simple and easy processes
• Stick to written instructions as much as possible
• Conduct periodic reviews and provide open feedback
Happy Outsourcing!!

8. http://www.expertmortgageassistance.com/
Email: info@expertmortgageassistance.com
Blog: http://www.expertmortgageassistance.com/blog/