Mortgage Contract Processing
All in One Enterprise Class, Full Service.
If transaction cancels- No Charge
Licensed Processors Located in US
LOAN SET UP
- Loan Set-up
- Disclosures
- Third-Party Services Management
- Processing
- Condition Clearing
SOURCE OF CONTACT
- Source of Contact
- Ensure all items are completed
- Documents properly executed
- Notify you of deadlines
CLOSING
- Closing Coordination
- Funding
- Trailing Document Management
- Audit
- Electronic file delivery
Our processors are skilled in processing the following:
- Process and verify disclosures are accurate and complete, review credit reports, bank statements, pay stubs and tax transcripts. Run DU/LP and transfer results.
- Submit the loan package to your chosen lender, and clear conditions in a timely matter to get your loans closed.
- Handle every request and document from escrow, the lender, the other agent, the appraiser, your client, etc.
- Notify you of deadlines,time frames at the beginning of escrow, before they are due and when they have become past due.
- Make sure that all contract documents are fully executed, but also collecting any missing signatures, initials or additional details to complete the file.
- Order the appraisal, insurance, title, tax transcripts, statements, pay stubs and complete all written and verbal verification of employment necessary.
- Coordinate closings with title and your borrowers, assemble post closing packages, and assist in retrieving post closing deficiencies.
DocuSign Rooms for Mortgage
Accelerate closing times and improve the borrower experience with a secure, digital workspace for everyone involved in a mortgage.
Instead of downloading forms and emailing, lenders can use Rooms for Mortgage to collect borrower documents, accelerate closing packages with external participants like title and settlement, and create configurable checklists and reminders for a smooth closing.
FREE LOS Offer * As client of Utmost, you will be allowed to use our Byte Enterprise LOS (Loan Origination Software) license to originate your loans and upload files directly in the cloud (no installation needed), just use Chrome browser. This will allow us to provide an easy collaborating and real time visibility throughout processing. All files submitted using our LOS license must be processed by Utmost only.