Mortgage Closing Services

Supports lenders, credit unions and banks in streamlining their loan closing processes while reducing processing times and costs

With value-added services in Mortgage Closing, PrivoCorp supports Mortgage Lenders, Credit Unions and Banks in streamlining their loan closing processes while reducing processing times and costs

PrivoCorp is a full-service mortgage solutions provider. Our experts continually train to perform accurate audits and generate timely reports with a focus on reducing operational costs for our clients. We support Mortgage Lenders, Loan Officers, Credit Unions, and Banks with their post-closing activities. It involves diligent auditing and reporting to ensure that the file is complete and in compliance.

Our significant domain experience in this field helps in making the entire post-closing process cost saving and efficient for our clients. Our mortgage post-closing services start from the receipt of signed/funded loan documents from various origination points and includes their review for regulatory compliance.

Our clients benefit from the quick turn-around time, reduction in operational costs, rapid scalability, and improved quality.

Redefining Mortgage Business Processing

PrivoCorp has a suite of Mortgage Closing Services:

Mortgage Pre-closing Support Review and QC a clear to close (CTC)

Review and QC a clear to close (CTC) file for discrepancies and compliance to ensure file meets parameters set by our clients
Review Title
Review the payoff statement
Review Purchase Contracts and all addendums

Mortgage Closing Support

Document Preparation:
Help complete closing disclosure with updates including but not limited to payoffs per client templates
Schedule Closing:
Scheduling appointments with the buyer, seller, and a notary to sign closing documents and update the status in client’s LOS
Closing File Review:
Review closing package against the checklist and closing instructions. Check if all documents are in compliance and complete.
Recording Support:
Review the recording documents against the county guidelines and checklists provided by the client Follow-up with the recorder’s office to obtain the recording information. If the e-Recording facility is available, then review and submit the final document online

Find out how PrivoCorp can help in getting your mortgage operations streamlined

PrivoCorp offers a full range of mortgage loan setup

Our Process

PrivoCorp's PowerMatrix

The PowerMatrix solution suite is the driving force behind PrivoCorp’s success across its origination and servicing solutions. It epitomizes the fusion of unparalleled Mortgage domain understanding, cutting-edge Technology expertise, and comprehensive Process knowledge.

PowerMatrix stands as a testament to the company’s unwavering commitment to excellence in the mortgage industry.

PowerMatrix empowers PrivoCorp to consistently deliver top-tier service and solutions to its mortgage clients, that are tailored to their specific needs.

Our Services​

Benefits of Partnering with PrivoCorp for Mortgage Closing Services

  • Over a decade of experience in nationwide loan processing
  • Offers processing services from Origination to Post-closing
  • Leveraging latest technologies such as AI and Machine Learning in mortgage fulfillment
  • Flexible engagement model to help you reduce fixed costs
  • Only company leveraging Al and Machine Learning fulfillment
  • We manage all your vendor relationships
  • Texas-based resources to get missing documents
  • Texas-based resources to get missing documents
  • Flexible engagement model (Pick and choose what you need)

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Testimonials

Melissa
Head of Vendor Management

“PrivoCorp’s team helped us improve the productivity across end to end fulfillment operations. Our response times to borrowers have also improved”

Kathy
Accounts Head for a Leading Mortgage Broker

“PrivoCorp’s team takes care of all the accounting requirements, and this has helped us free up a lot of resources and saved a lot of time in accounting operations“

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