Mortgage Outsourcing | Assivo

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Reliable & Cost-Effective
Mortgage Origination Support Services

Powered By Technology & Talented Offshore Teams

Save Up To 60% On Your Operating Costs

assivo is a trusted & reliable partner to leading US mortgage companies.

We work behind the scenes and streamline the most tedious parts of the loan origination and underwriting process. We enable our mortgage clients to turbocharge their growth, and scale seamlessly and cost-effectively.

Capture the Benefits of a Global Operation via Outsourcing

Higher Value Work

Client’s in-house team focuses on providing the best experience to borrowers
Assivo offshore team performs repetitive, time-consuming work

Optimize Labor Cost
(all tasks performed at best labor rate)

Client’s in-house team performs more equitable (expensive) work
Offshore team acts like an assembly line, performs all low-value work reliably and accurately

24 Hour Operations

Loans are always moving. Close loans faster and sell loans faster

Scale Capacity Up & Down On Short Notice

Offshore team has a flexible labor model: scale team size up and down with short notice and no friction/costs. Perfectly match labor capacity to loan volume, reducing waste.
Gain access to a global labor force which is eminently scalable

Reduce or eliminate overhead, overtime

Reduce time and effort to hire, train, and retain lower level employees
Eliminate legal, HR, and benefits liabilities and overhead

What problems are addressed?

Labor cost
Labor Availability
Attrition
Scaling
(Including Capex)
Overhead + Overtime
Worklife Balance
Maximize ROI from employees
Reduced Costs

assivo Outcomes

24 Hour Processing

Greater Efficiency

Trusted Quality

Better Business

Labor Stock Optimization

Optimize Your Labor Stack. Reduce Costs & Friction; Increase Efficiency

Client

Onshore Team

Goal

Performing Highest
Value Work

Working hours spent accomplishing activities that match the employee’s effective wage rate. Strategic, Critical Thinking, Relationship Management Tasks.

assivo

Offshore/ Global Team

Goal

Performing Highest
Volume of Work

Working hours spent accomplishing all high volume tasks that can be distilled into checklists, training documents, templates, and other process-driven work.

assivo Services

Customized End to End Outsourcing Solutions for the
Entire Mortgage Origination Cycle

Application Review

Loan registration
Loan Setup
Initial Disclosures
Re-disclosures
AUS Submission
Client Welcome package

Loan Processing

Income Review
Credit Review
Asset Review
Validation of Disclosures
All Third Party Orders

Pre-Underwriting

Income Calculation: All types
Asset Verification
Insurance Review
Title Review
Appraisal Review
Credit Review (DTI)

Pre Closing & Closing

Full Pre Closing Review
Closing Disclosure preparation
Escrow Review & Setup
Closing Document Preparation

Post Closing

MERS Registration
Full Post Closing File Review
Post Closing delivery
Purchase Advice Processing

Compliance

HMDA Review
Mavent Review
Post Consummation CD

Title Processing

Abstract Review
Closing Protection Letters
Tax Certification Review
Title Preparation

Application Processing

Loan Registration
Initial Loan Disclosure
Initial AUS Submission
Welcome package Email/Mail

Loan Processing

Salaried
Retired
Self-Employed
Rental

Large Deposits
Cash to Close
Reserves

Verification of Liabilities
Review of Credit Alerts
SSN Validation
Address Validation
Verification of Credit
Inquiries
Verification of Undisclosed Liabilities

Condo Approvals
Credit Supplements
Verification of Employment
Verification of Mortgage / Rent / Deposits
MAVENT Review
Fraud Review
IRS Transcript Orders

Pre Underwriting

Salary / W-2
Self – Employed
Rental

Verification of Liabilities
Debt to Income Calc
Verification of
Undisclosed Debt

Large Deposits
Cash to Close
Reserves

Preliminary Appraisal Review
PUD Review

Full Fraud Review
Bankruptcy and Foreclosure Review
Verification of SSN

Full File Doc Review
USPS Review

Full Title Review
Tax Review

Loan Review
Borrower Notification Letter

Pre Closing & Closing

Post Closing

Other Services

Escrow Setup

HMDA Reviews

Mortgage Insurance Reviews

FHA CAIVRS Reviews

VA Certificate of Eligibility Orders & Reviews

VA Certificate of Eligibility Orders & Reviews

Initial Appraisal Reviews

Trust Reviews

Title Typing

We seamlessly plug into your existing loan origination software, processes, and workflows.

Our teams have experience with all of the most common LOS platforms

assivo Optimized Loan Origination Process

Client

Client

1

Borrower submits application to Loan Officer

assivo

2

Enter application into LOS
Generate the loan number
Generate and send initial disclosures via LOS

Client

3

Contact borrowers for signed document
Request credit/income/asset documents

assivo

4

Review loan application to make sure all necessary documents are included
Review AUS requirement
Review income/ credit/ asset/ title/ appraisal documents
Review insurance documents
Identify if loan is ready for UW
Review and/or order third party documents

Client

5

Contact borrowers for additional documents still needed, if any

assivo

6

Continue to monitor for new documents in LOS
Continue to advise if any documents are missing/incomplete
Submit the loan to UW Setup

assivo

7

Review the Aus (DU/ LP/ GUS)
Review the agency requirements (Fannie/ Freddie/ FHA/ VA/ USDA)
Review income/ credit/ asset/ title/ appraisal documents
Calculate the DTI
Perform income calculation (salaried/ self-employed/ rental/ other income)
Calculate assets and cash to close
Create conditions and update transmittal summary
Submit loan to the clients UW department for decision

Client

8

Review the Assivo conditions, calculation and transmittal summary
Review and final decision
Generate the conditional / full approval letter

assivo

9

Generate initial closing docs
Validate the loan estimate and closing disclosure docs
Generate closing docs package

Client

10

Review the closing doc package
Send the closing docs to title company
Title company closes on the loan

assivo

11

Process purchase advice
Create investor package and upload to investor website
Complete insurance registration with FHA and VA
Generate insurance and service transfer letters

Let's grow together

Ready to see how Mortgage Process Outsourcing can accelerate growth for you?
Fill out your information, and get a proposal from us within 24 hours.

We can help you:

Expand your team with our flexible and reliable associates
Save over 50% on your operating costs
Streamline your origination process and turn fixed costs into variable costs
Provide 24/7/365 coverage for critical business processes

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One time project

I need assistance with a one-time project

Recurring and ongoing business

I am looking for a partner to support a recurring and ongoing business or data process

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Thank you for submitting your information. A member of our team will be in touch with you within 24 hours. We look forward to speaking further!

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