Pre-Underwriting
Outsource Pre-Underwriting for Mortgage Services
Outsource Underwriting process – Assess Your Borrower!
The biggest challenge for famous lenders and busy brokers is to cross-check the financial health of borrowers, legally called as the pre-underwriting process. It is all about gauging through hundreds of applications to check whether the borrower fits the criteria for pre-approval of loan or not. Filtering applications at this stage helps to simplify the process and prevents processing of invalid loans, which needs re-work at a later stage. It saves lot of time provided one has the right team for it. If you are a wholesale lender wanting to improve efficiency then the best way is to outsource pre-underwriting process and focus on the post approval part to offer better services to the buyers or borrowers.
EnvisionBPM is a leading Loan Pre-Underwriting service provider with highly satisfied clients across the globe. We are mortgage specialists offering various kinds of loan pre-underwriting services. Trained to create zero communication gap, our team works diligently to know the entire financial history of the borrower. We follow all mortgage underwriting process steps for a foolproof pre-approval of the loan application. In addition, we make sure that the application is processed without any delay.
We offer the following pre-underwriting services:
- Thorough loan application file review
- Analysis of credit history, available assets, income proof and collaterals
- Risk-benefit assessment
- Fannie Mae and Freddie Mac analysis
- Fraud analysis
- Checking title, appraisal and insurance files
- VOD, VOR and VOE verification
We assess all documents needed for mortgage underwriting and make sure that loan closure happens without a slightest delay. Whether it’s about evaluating FICO scores, government loan guidelines, property or collaterals, paystubs, tax returns, W2’s or any other inconsistencies, we have the best team for it. Outsource pre underwriting process to boost the bottom line and beat your competitors. Join hands with us to minimize processing cost per loan and increase the profit margins.
Working on your behalf, we focus on creating genuine trust in the borrowers in order to get more return customers and increase the business by manifolds. We also offer outsource pre underwriting support services on-demand for quick processing of the loan setup.