Mortgage Post Closing

Technology and people at its finest to streamline the entire post-closing process

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. With our Mortgage Closing Services, we assist in all stages of the mortgage closing process, right from preparing closing documents, coordinating with settlement companies to acquire the taxes and fees and reviewing final conditions & making initial Closing Disclosures to ensuring adherence to the compliance statutes. The spectrum of these services allows our clients to rely on us for their closing support with much more confidence.

Our significant domain experience in this field helps our clients in transforming how they perform their closing processes. We are also among the only service providers who proactively manage your vendor relationships, so that our clients can focus on their core business functions. Additionally, our SSAE 18 compliance certification and other security measures ensure complete security, privacy, and confidentiality for our clients.

Redefining Mortgage Business Processing

PrivoCorp offers a suite of Mortgage Post Closing Services

Post-closing Audits:
Review the loan packages against the investor guidelines for accuracy and completeness and checks if they meet compliance guidelines suggested by RESPA, etc.
Trailing Documents Review:
Review investor guidelines to prepare a report of missing documents and send it to the trailing documents department for a follow-up.
Report & Follow-up on Trailing Documents:
– Follow up with respective departments for trailing documents. And upon receipt, review them to check accuracy and completeness – Post completion, index, key in the information and inform the status to the client
Shipping of Loan Files:
After reviewing per investor guidelines, Peoples Processing ensures a seamless delivery. This process involves follow-up on exception items, and ensuring the timely delivery of the QC’d loans.
Final Document Indexing:
Obtain the loan package from the Lender and index the required information in the client’s LOS.

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

  • 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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