Mortgage Processing Services
Transform operations and scale your
mortgage business effectively
Speak with an Expert We leverage advanced technology and our domain expertise to help lenders expedite loan closure cycles
No CapEx
Visionet’s innovative solutions get you up and running without any capex
ROI Delivered
Start realizing your Return on Investment from day 1. With Visionet, your operations will always have measurable and predictable ROI
Scalable
Scale up or down your operations seamlessly, efficiently and reliably
Intelligent Processing powered by tech and domain expertise
Real Results
Intelligent Processing solution helped mortgage lender significantly reduce cost, improve efficiency in processing mortgage applications
300%
Improvement in Loan Package Delivery
98%
Data Extraction Accuracy
99%
Automation Achieved, Eliminating Human Dependency
Mortgage Processing Services
Choose Visionet’s mortgage processing services to maximize profitability and increase business process capacity. We use cutting-edge technology, in combination with our strong domain experience to deliver an expanding range of mortgage services to our customers, including:
Loan Document Management
Mortgage Recordings, Releases, and Assignments
Loan Delivery Dataset (ULDD)
Robotic Process Automation Solutions
Mortgage Technology Solutions
MISMO Compliance, including Uniform Closing Dataset (UCD) and Uniform
Processing support
Indexing services
Combined with VisiLoanReview (VLR), our AI/ML based document processing solution, our processing services ensure over 98% accuracy, savings in costs and a significant reduction in processing time.
Loan setup
To maximize your loan officers’ productivity, we validate and update 1003 forms in your LOS and prepare and send initial disclosures before your loan officers begin their workday.
Loan processing and vendor ordering
Significantly improve borrower experience and enjoy faster loan closures using our cost-effective BPM services, including complete loan coordination, vendor ordering, document review, LOS reconciliations, calculations, and pre-approval DU/LP submission.
Underwriting support
Pre-underwriting support
We perform complete and comprehensive reviews, income calculation, credit reconciliation, asset verification and collateral reviews before submission to your underwriters to improve their productivity.
Pre-funding and Post Close QC
Our innovative Digital QC platform can be customized to your specifications to ensure that every analyst across the globe uses the same pre-funding QC process with built-in business rules. We also ensure that you conform to mandatory GSE guidelines by performing sample audits of closed loans from credit, collateral, closing, and compliance perspectives.
Fraud review
Expand your fraud prevention footprint. Perform in-depth audits, authenticate documents, review red flags, and detect early payment defaults. Cut down on buybacks and bad loans using detailed fraud reviews.
Secondary market support
Pre-purchase reviews with auto-indexing and data extraction
Perform complete pre-purchase reviews of closing packages to significantly improve accuracy and turnaround time. We do this leveraging VisiLoanReview (VLR), our AI/ML based OCR technology to auto-index documents, We can also perform white-glove validation.
Loan boarding (Investor LOS)
Significantly improve your team’s ability to capture loan-level details in the investor’s LOS. The scope of this service also include a reconciliation of data with the origination AUS and CD and submitting loans for compliance checks through Mavent, ComplianceEase, or similar services.
Post-close services
Post-close indexing
Our combination of OCR-powered auto-indexing and document splitting services and white-glove data verification help your organization improve accuracy and turnaround times.
Compliance review
The review disclosed loan estimates and closing disclosures (CD) to identify changes in circumstances. Submit loan files for compliance checks and take action on compliance failures indicated in detailed reports.
Trailing docs support
Our trailing document follow-up services help you manage document logs & status queues, resulting in fewer penalties in your secondary market operations.
HMDA reporting
Automatically capture and view reports on HMDA data points according to all the latest regulations and requirements.
Know more about VLR, AI/ML-enabled Document Processing Solution
Key Differentiators
Flexible Engagagement Models
Variable Pricing aligned to clients business requirements and needs
Short Onboarding Time
With delivery centers spread across the globe, we maintain experienced pool of resources ready to be deployed
Leading Regulatory Experts
We have been at the forefront of regulatory compliance and have received industry wide recognition
Domain Expertise
We have been serving Mortgage Clients for more than 20 years, with a strong work force of 3000+ spread across our IT & BPO practice
Intelligent Processing Powered by Tech and Domain Expertise
Challenge
Client had 3500+ loan document packages with no uniform name convention and random indexing
Solution
Implemented VLR for data capture and auto indexing. With multi layered audit and exceptions trigger process, quality of results was improved
Benefits
300% Improvement in loan package delivery Over 98% accuracy. Improved productivity and business growth
6 Ways to Reduce Cost of Loan
What steps can lenders take to reduce the cost of producing a loan
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