• Review your loan file within 24 hours of receipt
• Verify disclosures are accurate and complete
• Review/validate credit report, bank statements, pay stubs & W-2's
• Order services such as appraisal, title, verifications
• Order payoff and subordination agreement (if necessary)
• Submit loan package to lender
• Clear lender conditions
• Prepare fee sheet for review by broker, then submit to lender
• Co-ordinate closing
• Follow up to confirm closing was successful
• Assemble a Post Closing loan package and deliver to broker
• Assist in clearing any post closing conditions
• Keep you informed throughout the entire loan process

Do you contact the borrower?

This is up to you.  Mortgage Processing Solutions is happy to tailor our services to meet your specific needs.