Title
The Practical Guide to Loan Processing 2019: Processing in today's digital environment (The Practical Guide to Finance Series),Used
Delivery time: 8-12 business days (International)
Most mortgage companies and referral sources correctly believe that they live and die based on customer service and service delivery. The loan originator is a big part of this, in that he or she is responsible for taking a good application to start with. But while the loan officer is the customers representative, the processor ultimately has his or her hands on the loan file; only the processor can see the file as it progresses and fully understand the realtime status of a loan and work to move towards closing. Beginning in 2006, the mortgage industry began to experience an upheaval that would ultimately bring the financial system to its knees. This meant that many mortgage lenders, who previously could casually package loan applications, became forced to diligently meet the most stringent guidelines and documentation requirements seen since the late sixties. The capabilities necessary to meet these stringent documentation requirements come from a qualified mortgage loan processor who, in addition to an eye for detail, has the skills and knowledge that encompass the entire mortgage process.Despite years of automation improvements, the biggest problem mortgage companies report with respect to their operations is incomplete or problematic loan documentation. This is where the human factor in the application process impacts us, because we are relying on people borrowers, real estate agents, closing agents and loan officers to provide what we need to complete the loan. The reader learns the functions, challenges and career path of the processing position. Detailed, stepbystep instructions cover loan intake, loan file setup, regulatory disclosure requirements, vendor management, file status reporting, borrower communication, file readiness determination, preunderwriting review, working with automated underwriting, satisfying loan stipulations, preclosing preparation, and file audit preparation. It's important to note that many textbooks address compliance in the mortgage industry. This text is not intended as a compliance resource. Compliance resources should come from your company since the company determines its own policies for compliance.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.