TRID QC services

Outsource TRID QC services – for flawless disclosures!

Having a clean image is utmost important for the lending business. Companies must win the borrower’s trust as well as follow government regulations to create a positive reputation and avoid penalties and fines. By maintaining high TRID QC in loan offers, lenders assure the governing bodies that they do not use any crooked tactics with the customers. As the governing bodies enforce this on all lenders and brokers, it becomes mandatory to offer these services before closing the loan. When lenders outsource mortgage quality control, they can simplify quality checks to reduce loan processing time.

EnvisionBPM is one of the leading mortgage quality control companies that bridges the gap between lenders and borrowers by making disclosures that are in accordance with the US loan market guidelines. We make sure that borrowers get correct information at the precise time, before closing the loan. We create documents according to the TRID QC rules to maintain transparency regarding the mortgage, interest, credits, taxes, processing time and fees.

We offer following TRID QC control services:

Complete Loan estimate

This includes upfront information about all the mortgage features, interest rates and absolute closing cost so that the borrower can check whether its affordable or not. Our team gives precise estimate as per lender requirements and does not include any hidden cost. Moreover, we offer it shortly after the borrower files the application to give them ample time for quick decision making.

Detailed Closing Disclosure

As this disclosure is offered just before signing loan papers, we make sure that it matches with the Loan estimate. Any discrepancy in it could be hazardous for the lender so we maintain a see-through approach while creating these disclosures. Our experienced TRID QC specialists cross check both disclosures to assure similarity of terms, facts and figures. Variations, if any are included only if they are allowed as exceptions by the governing bodies.

Our mortgage quality control services are in alignment with the TRID QC regulations to create good faith between lenders and borrowers. We follow up the borrower for loan closing and help them make decision in favor of the lenders.

If you are planning to outsource mortgage quality control services then hire us for the best results. Contact us for further details, call on +1 (949) 596 7585 or drop an email on contact@envisionservicesllc.com