Comprehensive, Fully Compliant Mortgage Fulfillment Solutions

LenderLive understands mortgages inside and out and can help you quickly improve operational performance and the economics of your back-office operations.

By partnering with us, you gain the benefits of:

• A nationally-licensed mortgage fulfillment provider
• An Approved Seller/ Servicer for Fannie Mae, Freddie Mac and Ginnie Mae, and an approved non-supervised mortgagee with FHA
• Experience serving a broad range of regional and national financial institutions, credit unions and wealth management firms

Our customized private-label services are fully compliant and make the difference for mortgage lenders in the business of originating loans direct-to-consumer, through third parties, or purchased loan production from correspondents.

We understand your challenges and requirements. You maintain critical transparency and control through every step of the loan process with our client-tailored technology and solutions.

• Continually enhanced, web-based point-of-sale (POS) and powerful, proprietary loan origination system (LOS) provide real-time, fully integrated functionality and transparency
• Highly-qualified staff processes, underwrites, closes and executes delivery, reducing your costs and risk
• A comprehensive set of mortgage products supported including Fannie, Freddie, FHA, VA, Jumbo and client portfolio products
• Compliance burden and back-office support are shifted to us, freeing your resources for other critical business growth activities

Mortgage processing, underwriting and closing

Services include:

• Business continuity and disaster recovery program provides a fully customized experience in the event of a BC/DR situation
• All required compliant communications and documents/disclosures
• Management of customer care/borrower communications
• Loan processing
• Lock desk support
• Third-party vendor management and oversight
• Underwriting
• Closing coordination
• Post-closing/audit review

Mortgage technology provides unmatched
efficiencies and transparency

You attain unparalleled transparency into the loan process via our complete web-based point-of-sale (POS). And, your mortgage loan officer (MLO) has all the functionality needed to:

• Efficiently originate and manage a pipeline of loan transactions
• Obtain real-time pricing quotes
• Access automated underwriting
• Check the status of loans in process
• Communicate in real-time with our mortgage fulfillment personnel

Our state-of-the-art LOS enables LenderLive personnel to efficiently process, underwrite and close loans on your behalf. Our POS and LOS are fully integrated systems that function together in real-time. In addition, through our Document Services, we support a completely paperless process, where all documents are imaged and indexed and made securely available to all approved personnel for each transaction.

Mortgage compliance you can rely on

By partnering with LenderLive, you find relief from bearing the full burden of today’s compliance costs on your own. Let us help you protect your reputation and bottom line with:

• Dedicated compliance staff fully educated on federal and state compliance
• Multi-tiered licensing, at corporate and individual levels, maintained where applicable, to ensure compliance

Compliance includes:

• All Real Estate Settlement Procedures (Reg X) and Truth in Lending Act (Reg Z) Mortgage Servicing Rules
• Know Before You Owe (TRID) compliance
• FNMA and Freddie Mac Point and Fee Review
• Ability-to-Repay and Qualified Mortgage Standards
• Includes QM Point and Fee Limit Testing
• All Federal and state consumer protection laws