Mortgage Origination

We leverage tech and process excellence to help you close loans faster

Peoples Processing is a full-service mortgage solutions provider. We leverage RPA, AI and process expertise to improve operations and help lenders expedite loan closing time significantly

Our team supports Mortgage Lenders, Loan Officers, Credit Unions, and other Mortgage companies by streamlining their mortgage loan origination processes. We ensure reduced cycle times, lower operational costs and risk mitigation for our valuable clients. They can easily manage volume fluctuations without incurring additional fixed costs.

With our multi-state footprint, we help our clients transform the way they run their day to day mortgage operations. As a full service provider, we also manage vendor relationships making it easier for our clients to focus on their core business functions. Additionally, our digital compliance, use of the latest technologies, and holistic approach sets us apart from other mortgage service providers.

We increase our client’s efficiency, capacity, and customer satisfaction while greatly reducing operational costs and cycle times.

Peoples Processing offers a suite of services in mortgage loan origination:

Loan Processing

Loan Registration: Processing of all Borrower Documents and Loan applications

Disclosures: Processing of Disclosure documents such as TILA, The Good Faith Estimate, and Initial Escrow Account Disclosure

Loan Setup / Submission: Preparation of loan file for processing and issuing orders for third-party documents

Indexing / Inputting: Complete review and indexing of all mortgage documents for underwriting and processing support

Pre-Underwriting Support

Third-party Documents Quality Checks: Support underwriters by performing pre-quality checks to identify issues in application form and borrower documents. Carry out reviews for credit report, contract report, flood certificate, appraisal report, title report and perform fraud identification checks

Pre-Underwriting Package: Preparing pre-underwriting package by conducting reviews and quality checks from the loan application stage through to the loan fulfillment stage to determine potential discrepancies, if any

Third-Party Coordination

Third-party Documents Ordering:

Order VOE, VOD, VOM, and VOR based on the requirements from the respective departments and review them according to the client checklists

Order Appraisal, Title Report, Hazard, and Flood Certificates on behalf of the client and update in the loan file

Order VA and FHA Case Numbers in case of Government loans

Benefits of partnering with Peoples Processing for Mortgage Loan Origination Services

Offers processing services from Origination to Post-Close

Single window processing to avoid managing multiple vendors

Leveraging latest technologies such as RPA and AI in mortgage fulfillment

Team of experts located in Texas to enable missing documents collection

Multi-state footprint to support your state-specific requirements

Flexible engagement model to help you reduce fixed costs