How many mortgage companies have the ability to request all of the documents required for closing in about 45 seconds without placing even one call or sending a single email? Standard industry estimates suggest 4 – 5 staff hours per loan. Challenge yourself to improve your personal, or your team’s collective, performance. Imagine reducing the time associated with these tasks by 50 to 75 percent.
You can, with Cogent Closing Associates. With one form, you order all of your pre-closing documents from us. After that, you’re finished. We take over and manage the processing, collection and completion of all of your pre-closing documents. We proactively update you on the status of all of your documents, track all correspondence between parties associated with the loan package, and electronically deliver a completed document package to you. We also archive your loan packages securely online. No stress. No phone calls. No faxes. Just Cogent.
Business process automation enabled by Closerv not only ensures that every underwritten loan makes it to closing as promised, when promised, but eliminates settlement services management as a barrier to scalability of the entire operation when the bounce happens.
The benefits of using Cogent:
- One form collects all of the information relevant to your loan and needed for your pre-closing documents:
- Getting all of your information upfront speeds loan processing time and eliminates bad mortgages and deal killers.
- We’re doing your work for you.
- Go Not only are we going to get all this for you and streamline the process by giving you a shorter to do list and one order form, but we are also going to track the progress and status of every document and update you in real time.
- Daily information emails that update you on the status of every aspect of your pre-closing package
- No more wasting time going through every file on your desk every morning to see what’s missing.
- No more endless phone calls to verify status or track down missing information.
- Pre-populated fields, customized to your loan package and vendor preferences, means no rekeying, dramatically reducing the opportunity for user error.
- One order form for all of your pre-closing documents.
- User friendly, intuitive platform.
- Everything is just what you think it is. No tricks. No complex and unnecessary fields.
- The ability to customize each application for each customer: lenders, appraisers, closing attorneys and more.
- We fill in the gaps created by the traditional method of ordering settlement services, including processor error, insufficient expertise, lost correspondence and hours of problem solving.
Learn How Cogent Can Help You!Go!