Banks

We utilize our technology platform to help banks with end-to-end fulfillment

Banks find the partnership with a mortgage end-to-end service provider to be more cost-effective, efficient, and scalable option in these competitive markets.

Banks are working hard to manage operational costs, comply with ever-changing industry regulations, find the right talent, and adapt to newer technologies. It has become essential for Residential Mortgage Divisions of banks to optimize their operations to take on more loan volumes and deliver an enhanced customer experience to its borrowers. We see banks and mortgage lenders struggling with their profit margins, and as a result, a growing number are partnering with companies that provide an end-to-end fulfillment services.

Redefining Mortgage Business Processing

Our team at PrivoCorp helps mortgage divisions of regional and national banks

With end-to-end mortgage fulfillment
We offer back-office support right from Underwriting to Closing and finally till Post-closing
Working with PrivoCorp can help save time and costs while giving you a competitive advantage.
We are also the only service provider who serves our banks and mortgage lenders with a full scale of services in a mortgage lifecycle. Our multi-state footprint*, self-motivated teams, automated workflows, and intelligence powered by RPA and AI technologies and digital compliance ensures operational efficiency and customer satisfaction with our clients.
For current list of states licensed – visit https://www.nmlsconsumeraccess.org/

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 & Quality Checks Support

Credit Review
Contract Review
Review Flood Certificate
Review Appraisal Report
Title Review
Fraud Review

Closing Support

Document Preparation
Scheduling of Closing
HUD Reviews
Closing File Review
Recording Support

Post-closing & Compliance Support

Post-closing Review and Exception Curing
Suspense / Exception Reporting
Trailing Documents
Investor Guideline Review
Final Document Indexing

Loan Servicing Support

Loan Boarding
Document Management
Loan Administration
Escrow set up and Administration
Default Administration
Investor Reporting
Payoff
Servicing QA and QC

Redefining Mortgage Business Processing

  • With end-to-end mortgage fulfillment
  • We offer back-office support right from Underwriting to Closing and finally till Post-closing
  • Working with PrivoCorp can help save time and costs while giving you a competitive advantage.
  • We are also the only service provider who serves our banks and mortgage lenders with a full scale of services in a mortgage lifecycle. Our multi-state footprint*, self-motivated teams, automated workflows, and intelligence powered by RPA and AI technologies and digital compliance ensures operational efficiency and customer satisfaction with our clients.
  • For current list of states licensed – visit https://www.nmlsconsumeraccess.org/

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 & Quality Checks Support

  • Credit Review
  • Contract Review
  • Review Flood Certificate
  • Review Appraisal Report
  • Title Review
  • Fraud Review

Closing Support

  • Document Preparation
  • Scheduling of Closing
  • HUD Reviews
  • Closing File Review
  • Recording Support

Post-closing & Compliance Support

  • Post-closing Review
  • Suspense / Exception Reporting
  • Trailing Documents
  • Investor Guideline Review
  • Final Document Indexing

Loan Servicing Support

  • Loan Boarding
  • Document Management
  • Loan Administration
  • Escrow Set Up & Administration
  • Default Administration
  • Investor Reporting
  • Servicing QA and QC

Our Services​

Benefits of partnering with PrivoCorp

  • Headquartered in Austin, TX with locations in Dallas, TX, Singapore and India
  • Experience working with all the leading LOS, Compliance and Servicing platforms
  • Flexible engagement model to help you reduce fixed costs
  • SSAE 18 compliant (2021 SOC 2 audit in the process)

Download eBook -
The Blueprint for Mortgage Servicing Excellence