ABOUT US

We know the market, follow trends, and know which banks and other institutions offer which mortgages products and which lenders are offering discounts or deals on home loans.

Consequently, we save you time getting a mortgage loan as we work on identifing the most appropriate lender for your specific circumstances and know which mortgages will be most appropriate. 

We prepare your mortgage application file and other paperwork for delivery to the mortgage underwriter. We gathers documents to check all the information on your loan application, including pay stubs, W-2 forms, bank statements and credit report explanations.

We work with the lender to make sure your financial profile fits the lending guidelines for the loan program you’ve selected. And more importantly, we organize your paperwork in the format required for each loan product.

Most importantly, we ensure the proper documentation is included in a loan file and that it meets the requirements for the loan program you want. We also accurately and punctually perform the following functions:

Review your financial documents.

This may include ensuring that income documents are legible, earnings calculations are correct and all the pages of your bank statements are present.

Request items from your credit report

If there are outdated addresses or late payments and collections on your credit reports, we collects letters of explanation from you for clarification.

Request written verification of application information

We may submit a form for your employer or bank to fill out. Or, in the case of an online mortgage, you can provide the lender with permission to request the information electronically. 

Order title work and appraisals

Our loan processors work with a title or escrow company to collect information about the property you’re buying and ensure it’s free of any ownership claims.

Work with underwriter to clear conditions

After you receive a conditional loan approval, we collects any outstanding documents needed to resolve them and also handle any last-minute changes to finalize your loan package.

Keep everything running on schedule

We pays close attention to contract deadlines spelled out in your home purchase agreement. We also keeps track of your mortgage rate lock expiration date, so you can close on time.

Help prepare your loan file for closing

Once the underwriter has cleared all loan conditions and gives you the green light to close, we usually communicates with the title or escrow company to schedule the signing, and to verify how much cash you need at the closing table to make your down payment and pay closing costs.

Apply now for a better mortgage experience through Encompass