Reverse Pipeline Managment will take your Reverse Mortgage loan files from submission to funding. This allows you to focus on building your business, not processing files.
Our goal is to relieve our clients from the daily rigors of Reverse Mortgage Processing, allowing them to focus completely on new business generation, and growth. Our constant communication and technology keeps our clients up to date and informed which ultimately leads to satisfied borrowers and faster closed loans.
We are proud to mention that we are virtually paperless, and rely on traditional methods only when required by a lender. Our streamlined process includes an initial digital submission which enables us to start procesing our client's files prior to receiving the complete package.
We are proud to mention that we are virtually paperless, and rely on traditional methods only when required by a lender. Our streamlined process includes an initial digital submission which enables us to start procesing our client's files prior to receiving the complete package.
Your ResponsibilityTake the Reverse Mortgage Loan Application
Collect Signed Disclosures Collect copies of Applicable Documentation Identify the Reverse Mortgage Lender and Selected Program Schedule Closing with Borrower  |
Reverse Pipeline Management Will:Pre-Screen Reverse Mortgage Application for compliance and completeness
Order Appraisal, Title, Credit Reports and Flood Certificates Review disclosures for completeness Submit Loan Package to Reverse Mortgage Lender Clear all Lender Conditions Obtain updated Homeowners's Insurance Information with Mortgagee Clause Prepare all Fee Sheets and Closing Document Request Forms Coordinate Closing with Agent Schedule Closing and Clear all Funding Conditions Prepare Post-Closing Loan Package and deliver to broker Keep all applicable parties informed throughout the entire process |
