4 Must-Outsource Mortgage Lien Release Services for Lenders

Are you worried about the county rejecting your mortgage lien release because of missing or incorrect assignment? Read about these five mortgage lien support services that you can outsource to ensure a seamless mortgage lien release process.

For lenders, mortgage lien release can be a cumbersome task if they are not aware of the latest mortgage compliances or laws. Very often, even if the loan repayment is successful, the lien release can be rejected if the documents are missing or if the assignments are not done correctly. The best way to overcome this hurdle is to outsource mortgage lien release support services to a professional mortgage processing enterprise that is aware of the drill. Outsourcing mortgage lien release support is not only cost-effective, but can also give you more time to focus on your core business.

Here are four must-outsource mortgage lien release services, which your enterprise can avail:

  1. Document recording
    Once the lender makes the release request, you can get a digital copy of the status of the mortgage lien release. This ensures hassle-free tracking of your documents. By digitizing documents, redundancy can be eliminated and the overall efficiency of the lien release processes can be enhanced.
  2. Mortgage lien risk management
    Through outsourcing, all your ownership disputes, unpaid taxes and litigations will be brought to the lender’s notice, At the same time, all your assignments involved in the mortgage process will be assessed. Your enterprise will be shielded from insolvency risk, by making sure that the loan amount does not exceed the value of the property. Validating the loan against title policy regulations ensures this.
  3. Real-time tracking and reporting
    The latest in technology will be used along with the talent of a skilled workforce to record lien release documents in real-time. This can give you an estimate of the time and cost it would take to complete the lien release process. The very best in CRM systems are used to generate reports and track data, while keeping you informed about the performance of the mortgage lien release in real-time.
  4. All-inclusive mortgage lien release processing
    Once the lien release request is received, an effective strategy will be planned to quicken the entire release process. Everything from document retrieval to verifying mortgage assignment and validating them will be taken into consideration. A team of mortgage experts will closely work with all the involved parties to complete the document verification steps on time and then send it to the county for the final sign-off. Since verification and validation is done with the utmost procession, there is no room for mistakes that could lead to rejection by the county.

At Outsource2india, we have the best mortgage processing professionals who are not only adept with the latest mortgage laws, but can also streamline the mortgage lien process in your enterprise. With professionals handling your mortgage lien processes, you can minimize the rejections by the county. At Outsource2india, we have the proficiency to handle your mortgage lien process from start to finish. Whether it is back office support, document generation, recording or tracking, we can do it all, while reducing the time it takes to record, track, report or retrieve loan documents.

Over the years, we have been successfully reducing the liability and mortgage lien release rejections for our mortgage lenders through the use of skilled mortgage specialists, workflow automation tools and an excellent cloud document management system. Give your enterprise a competitive edge by outsourcing mortgage lien support. Find out more about the mortgage lien release support services that we offer.

Did you like reading this post? Do you have more questions about outsourcing? Let us know your queries and feedback by leaving a comment in the box below. We, at Outsource2india love to hear from you!

Interested to know more?

  1. 6 Benefits Banks Can Leverage by Outsourcing Mortgage Services
  2. 5 Tips to Make The Mortgage Process More Effective
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