CONTRACT MORTGAGE PROCESSING SERVICES

We are an outsourced contract mortgage loan processing company that works side by side mortgage lenders, mortgage brokers, banks and credit unions to help them close more mortgage loans and reduce overheads expenses.

LENDERS

If you are overwhelmed with a huge pipeline and need help managing and meeting closings deadlines, let us help you to provide exceptional customer service!

BROKERS

Want to cut the cost of hiring a full-time processor? Our services are designed just for you. Find out how we can help you grow and increase your profit margins.

AREAS OF EXPERTISE

If you need us for all your processing or to just handle your overflows during high-volume periods, FAST TRACK PROCESSING INC., is just a phone call away. We would like to work with you, to help you close more loans so that we can retain a long-lasting business relationship.

LOAN TYPES

Conventional, FHA, VA

We process Fannie Mae and Freddie Mac loans, from loan types conforming or non-conforming, Convention, FHA or VA.

Product Segment

Fixed Rate, ARM

Whether it be a Fixed Rate or an Adjustable Rate Mortgage, we are experts in what we do. No loan is too complicated to close.

Refinance

Cash Out, HARP 2.0, DU Refi Plus

We are knowledgeable about Refinancing loans. We get them in and out as they are processed much faster than any other typical loan.

OUR SUCCESS DEPENDS ON OUR SERVICE TO YOU!
CONTACT US FOR PRICING

Call Us Now : 800-255-7142

ABOUT FAST TRACK LOAN PROCESSING

Fast Track Loan Processing was born out of the need to assist mortgage lenders, mortgage brokers, banks and credit unions who are reluctant to pay for a full-time Loan Processor. Along with the constant changes of the loan products and programs, loan processing can also be very tedious, labor-intensive and is known to be the most critical task in the mortgage industry. Due to the intensity and complexity of this role, it can take the focus away from loan originating but by outsourcing your loans to us, we can assist you in streamlining your business processes to increase internal productivity and efficiency, reduce processing costs by meeting your goals closing more loans. We can provide you with a custom-fit business solution to help you originate loans in complete compliance and regulations. We review the entire loan application package and communicate with Mortgage Brokers, Loan Officers, Openers, Underwriters, and Closers in every step of the process from beginning to end.

 

Our processors are recruited and trained extensively to support a variety of originating and loan processing services. Our services allow our clients to focus on their core competencies by leveraging our loan processing experience and resources. Our primary focus is for lenders and brokers to focus on building client relationships, increase their pipelines or company’s growth while we do all the heavy lifting for them.

Let us help you reach your goals,
while we close more loans!

Learn how FTLP can drive your company’s growth.

Benefits of outsourcing
Your loan processing

  • Elimination of the Cost of Hiring Full-Time Processors
  • Having Trained Processors with Accumulative Knowledge
  • A Plan B for Emergencies
  • Loans are Closed Faster and with Increased Efficiency
  • More Time to Focus on Your Core Business
  • An Uncompromised Level of Customer Satisfaction
  • Loans are Compliant with Industry Regulations
  • Reduction your Overheads and Tax Liability

LOAN process

Our Loan Processing Service can assist lenders and brokers to streamline their business where they are more focused on building their customer relationships and their pipelines. We can provide you with a custom-fit business solution to help you to close your loans in complete compliance and regulations. We process the loan in its entirety or whichever way you see fit. Whether you have your Loan Opener or not, we communicate with all parties including Borrowers, Underwriters, Third Party Vendors, Closers in every step of the way.

Mortgage Loan Processing Services

Loan Processing Outsourcing

WHAT OUR CONTRACT PROCESSORS DO

  • Collect and Validate the Accuracy of All Signed Disclosures including the 1003 Application
  • Collect & Review Borrower Docs (Paystubs, W2’s, 1040’s, Bank Statements, Pension Statements, Divorce Decree, Child Support, Mortgage Statements, Escrow Documents etc.)
  • Order all Third-Party Docs (Title, Appraisal, Payoff, VOE, VOM, Flood Cert, Homeowners Insurance, Credit Supplement etc.)
  • Order VA and FHA Case Numbers for Government Loans
  • Order and Review incoming IRS Transcripts
  • Review all Credit Documents including the Income, Assets, Credit Report and all supporting credit related documentation
  • Run the AUS (DU or LP)
  • Submit the file to the designated Lender for Underwriting
  • Review the Lender Decision for Accuracy
  • Clear Conditions
  • Review Locks
  • Receive CTC and Set Closing
  • Prepare Closing Docs

HOW OUTSOURCING YOUR LOAN PROCESSING HELPS

Consistent Closing Ratio

Inconsistent loan volume can make it difficult for brokers and lenders to consistently maintain their closing ratio and their profit margin.

Lower Cost

Hiring a full-time processor can be costly in addition to all other overhead expenses, especially during slow seasons.

Solution

Outsourcing makes it easier because we cover every step up to closing. You will spend less time managing and more time generating new loans.

OUR PRICING

If you need us for all your processing or to just handle your overflows during high-volume periods, FAST TRACK PROCESSING INC., is just a phone call away. We would like to work with you, to help you close more loans so that we can retain a long-lasting business relationship.

Need Your Loans Closed Faster?

TAKE ACTION : 800-255-7142

LOAN PROCESS MADE EASY

“Follow These Simple Tips and Guide”