We provide a full service processing solution to mortgage brokers so they can focus on originating more loans.
Full Service Processing
File Review
We’ll review the 1003, income calc’s, asset statements and credit report to give you a second set of eyes and mitigate any potential qualifying issues on the front end. We’ll also align the file with AUS findings and pre-underwrite prior to submission to ensure a clean approval.
Disclosures
UCP will prepare & deliver or oversee initial disclosures, Change in Circumstances, Closing Disclosures and final loan documents depending on the chosen lenders policy. We’ll track signatures and follow up with clients to ensure your file stays ahead of schedule in processing.
Appraisal
UCP manages the appraisal process from beginning to end and stays on top of Appraisal Management Companies. We are laser focused on meeting contract deadlines and rate lock agreements. We also keep an eye out for solar loans, leases and other property related items.
Underwriting
UCP’s experienced processors are trained to have a loan officer mentality. We fight to get loans approved, look for solutions to problems, and will often correct inexperienced underwriters on required doc’s to ensure your client has the best experience possible.
Milestone Updates
We are familiar with many industry leading Point of Sale solutions and can use your preferred vendor to update you, partners, and clients with milestone progress and obtain ongoing document/condition requests from borrowers.
Post Close File
Once we’ve closed the loan, a fully compliant digital file including all state and federal requirements is prepared for you. We go the extra mile by sending a Thank You & Referral Request Letter to the customer with 3 of your business cards.
Why Partner with UCP?
Time
Our full service model will eliminate operational tasks from your day. Your time is best spent building referral relationships and marketing for new business. Partner with us and never self process again!
Employer Liability
You gain instant access to experienced processors providing a retail bank level of support without having to recruit, hire, train, manage, retain or pay employees.
File Review and Support
We will review your 1003 for completeness, cross check your income and assets, review credit and title, and pre-underwrite files to ensure high quality submissions and stellar closing ratios.
Zero Cost
There is no cost to using UCP - our fee is charged on the closing disclosure to the borrower, does not count in QM 3% Threshold Calculations and you eliminate employee wages and payroll tax.
Process and Tech
Our process is seamless, using cutting edge POS software to update you, borrowers and referral sources at your discretion in real time each time a milestone occurs.
Scenario Desk
Do you have a tough scenario? Run it by us and we’ll help you identify loan product options and lender placement. After all, two heads are better than one!
