After successful two years in appraisal report writing, we are now in for end-to-end solution for all your mortgage needs including Loan processing, Underwriting, Closing, Funding, Title services and Shipping for all the Government as well as Conventional loan types.

Benefits Of Choosing CIVXDATA

On time Delivery
High quality monitoring system
Zero Error Policy
Complete solution from Mortgage Processing to closing

The foundation of our mortgage services is two pillars Timely delivery and Zero Error Policy which accounts for everything that a mortgage lender, credit unions or a bank is looking for.

We have a team of mortgage professionals recruited, trained and certified to fulfill our client’s requirements starting from loan origination to loan funding. We make sure a 100% quality check before we deliver the file to our clients. By lending your work to us you would save time, cost and hassle.


Services We Provide

  • Stacking and Indexing

Mortgage process requires tons of documents handling capacity, if these documents are not properly stacked and indexed it will be a burden on the timelines which will affect client’s business. Getting things in order is the first thing a processor should do. It takes lots of experience and knowledge to stack the documents properly so that it will be an easy job for underwriter to review them. Our processing team will take care of stacking and indexing of mortgage documents, which will save a lot of time and hassle for underwriter.

  • Pre-Approval

We pre-approve loan files based on minimum documents, we look closely for borrowers’ income, credit and assets documents to pre-approve borrower a certain amount of loan with certain interest rate subject to appraisal of the property.

  • Quote Preparation

We provide quote or estimate to the borrower for closing costs that borrower would have to pay at closing, which gives borrowers a fair idea of how much money they will have to bring at closing. This again will require minimum documents to proceed with.

  • Loan Processing

At times Processing may be a tedious and time-consuming job to handle but we make sure we deliver a 100% quality checked files to our underwriters before the deadlines to save time and work We provide complete processing support to our client right from organizing documents to ordering all sorts of services including credit report, title report, and Appraisal order. Our mortgage professionals will take care of boarding the files into respective systems and setting up the whole process for underwriter to review, we deal with all kinds of loans VA, FHA, conventional also all sorts of investor loans. We follow checklist and standard operating procedures prepared by our expert teams keeping federal and agency guidelines in mind. We make sure we give zero error file to underwriter to work on.

  • Underwriting

This is a process which the lender uses to find the risk of providing a mortgage loan to a borrower is under acceptable limits or not. This process leads to a decision if the loan will be approved or not. There are many factors which lead to the final decision of the underwriter. These factors include application, credit review, income to debt ratio, income verification, approval decision, etc.

Although automation is now part of the mortgage underwriting process, underwriters are still required to investigate the applicant meticulously and determine their repayment capacity. The borrower’s creditworthiness is looked closely by the underwriter who follows “the three Cs of underwriting,” – credit history, capacity, and collateral –

  1. Credit history is to do with how well the loan applicant has been paying debts off, by checking for foreclosures or bankruptcy.
  2. Capacityis the ability of the loan applicant to repay loans, using factors such as debt-to-income ratio, salary, or cash reserves.
  3. Collateral deals with the borrower’s down payment, loan-to-value ratio, property type, and property use. This is an important step because you, the lender, will be stuck with the home if the borrower fails to make timely mortgage payments.

With so many processes and compliance factors to keep in mind you could be facing high operational costs, with your in-house underwriters stretched beyond their capacity. Our team of mortgage underwriters can be your back-office assistance for mortgage underwriting by helping you carry out the three Cs of underwriting. They will –

I. Assess Credit History by performing a very thorough analysis of the borrower’s credit history. They study the borrower’s credit score and identify payment patterns. They will also check if the borrower had taken out loans in the past and successfully repaid them.

II. Evaluate Capacityby verifying if the borrower has the capacity to repay the loan they are applying for. They evaluate the borrower’s debt-to-income ratio, employment history, income, 401(k), checking/saving accounts, IRA, and debts/assets.

III. Calculate Collateral by appraising the property that a buyer is planning to buy. They assess the property’s loan-to-value ratio, property type, and property use.

We are committed to providing high-quality mortgage underwriting process. Our team members provide mortgage underwriting support services for each of the steps of mortgage underwriting.

  • We Confirm that loan files, processed by the pre-underwriter, fulfill the underwriting requirements
  • Ensure that all applications are 100% compliant with Fannie Mae and Freddie Mac guidelines
  • Prepare RESPA/TILA pre-disclosures and disclosures
  • Prepare HMDA reports to provide mortgage data
  • Validate the 4Cs – Credit, Capacity, Collateral, and Capital
  • Red-flag suspicious behaviors that can be indicators for fraudulent activity.
  • Post Closing

While mortgage closing may mark the official beginning of the financial relationship between the borrower and the lender, we don’t stop there. Our team continues with post-closing support services to ensure all guidelines (tax, insurance, etc.) are continually met and to apply any insightful information to later cases.

Our post-closing support team performs assessments on the loan to guarantee it is saleable to investors. We follow up on relevant documentation, ensuring the loan is carried out properly and meets the expected compliance requirements. Additionally, we perform a post-loan evaluation to determine if the loan was suitable and successful for both you and the borrower.

We have a specialized post-closing team of mortgage experts assisting you on your loan files before delivering them to the respective custodial service providers. Right from taking receipt of signed and funded loan documents from various origination points to reviewing legal, origination and HMDA documents for regulatory compliance, our team handles the entire post-closing support process in the most efficient manner possible. We also conduct loan data integrity.

Our post-closing services includes –

  • Trailing Document Retrieval
  • Post-closing mortgage loan package assembling
  • Post-closing data integrity audit
  • MERS registration Our highly trained and skilled team of mortgage professionals handles all the requirements seamlessly.
CIVXDATA, 2033 San Elijo Ave, #138 Cardiff by the Sea, CA 92007
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CIVXDATA , 2033 San Elijo Ave,#138 Cardiff by the Sea, CA 92007
Taking seamless key performance indicators offline to maximise the long tail.

Copyright by CIVXDATA. All rights reserved.

Copyright by CIVXDATA. All rights reserved.