Closing, Funding and Delivery Policies and Procedures Plan
Also included in the Complete Mortgage Banker Package and Complete Wholesaler Package
Lien perfection is one of the most critical risk areas in the mortgage process. The Closing and Funding module provides step by step quality control policies and procedures, document review process, standards and guidelines to allow you to control the funding function. As with all of our products, we provide tools like checklists for review of the LE/CD to ensure that all changed circumstances get accurately reflected, post-closing document review, loan ticklers for pre-funding reviews and post-funding audits.
The Closing Manual also functions as a General Closing Instructions manual for settlement agents and closing vendors. This means that your company no longer has to worry about whether an approved vendor can reference your standards for conducting closings and reviewing documentation saving you time and money by avoiding multiple phone calls at the end of the month.
This product is also required by warehouse lenders who want to ensure that participating correspondents have accurate controls for the document closing, funding and delivery to the warehouse bank.
Finally, this product acts as comprehensive written training program for new closers and/or funders.
The Closing Manual also functions as a General Closing Instructions manual for settlement agents and closing vendors. This means that your company no longer has to worry about whether an approved vendor can reference your standards for conducting closings and reviewing documentation saving you time and money by avoiding multiple phone calls at the end of the month.
This product is also required by warehouse lenders who want to ensure that participating correspondents have accurate controls for the document closing, funding and delivery to the warehouse bank.
Finally, this product acts as comprehensive written training program for new closers and/or funders.
Mortgage Closing, Funding and Delivery Policy and Procedure Highlights
- Position Description
- Documentation Requirements
- Schedule Management
- Pre-Closing Checklists
- Funding Worksheets
- Closing Crisis Management
- Post Closing
- Document Follow Up System
- Servicing Set Up
- Warehousing
- Delivery
- State Audit Preparation System
- Approved Attorney System
Closing & Delivery Plan Table of Contents | |
File Size: | 24 kb |
File Type: |
Purchase Mortgage Closing, Funding and Warehouse Delivery Policies and Procedures
$395.00
Includes supporting documents in Word/MS Office Format
Request Discount Code for Affiliate or Association Referrals
Documents delivered immediately via e-mail link (allow 5-15 minutes for processing)
Includes supporting documents in Word/MS Office Format
Request Discount Code for Affiliate or Association Referrals
Documents delivered immediately via e-mail link (allow 5-15 minutes for processing)