Non-QM Mortgage Lenders

Supports Non-QM lenders with their loan origination & underwriting. Ensure non-QM loans proceed to fund without obstacles

Traditional mortgage lenders still feel a bit apprehensive about non-QM loans, fearing higher risk, but we see a vast set of borrowers opting for a Non-QM mortgage

CFPB’s QM rules and standards tend to side-line self-employed consumers, foreign nationals, real estate investors, and borrowers with significant assets but not necessarily a job, etc. aside. But non-QM lenders are taking the challenge to provide a non-QM loan to such borrowers with possibly higher interest rates or for longer terms. It takes significant scrutiny, documentation, and strict underwriting to ensure non-QM loans proceed to fund without obstacles. With a growing number of borrowers going for non-QM loans, it has become essential for non-QM lenders to partner with service providers to manage their processing needs.

At Peoples Processing, we support Non-QM lenders with their Loan origination and underwriting

Our use of intelligence gathered by RPA and AI technologies ensures that we replace redundancies with automated workflows and accurate output. Our digital QC helps the pre-underwriting stage to make an underwriter’s job a bit easier. We also go one step ahead to manage all your vendor relationships to help you focus more on the core business.

Our 10+ years of experience working with customers, self-motivated teams, automated workflows, and digital compliance ensures operational efficiency and customer satisfaction with our clients. Partnering with Peoples Processing for your mortgage processing can help you save loan cycle time, reduce fixed costs while giving you a competitive advantage in the market.

Loan Processing Support

Loan Document Indexing: Collect & Review Borrower Documents

Order VOE, VOD, VOM and VOR

Order Appraisal, Title, Hazard and Flood Certificates

Order VA and FHA Case Numbers for Government Loans

Order Tax Certificates

Generate LE and TIL Disclosures

Collect Signed Disclosures and Verify

Verification of HOI (Homeowners Insurance)

Title Search & Report Preparation

Underwriting and Quality Checks Support

Credit Review

Contract Review

Review Flood Certificate

Review Appraisal Report

Title Review

Fraud Review

Benefits of partnering with Peoples Processing

Licensed to do business in 29 States, enables adherence to your state-specific requirements

Single window processing to avoid managing multiple vendors

Headquarters in Austin, TX with two production facilities located in India

Experience working with all the leading LOS, Compliance and Servicing platforms

Flexible engagement model to help you reduce fixed costs

SSAE 18 compliant (SOC 2 audit in the process)

Benefits of Partnering with Peoples Processing