Topics In Demand
Notification
New

No notification found.

Blog
How to reduce Mortgage Underwriting Services cost by 200%?

September 9, 2016

482

0

CEO’s Outsource their Mortgage underwriting services as this helps save technology cost and hassle of documentation. A reliable Mortgage BPO partner helps enhance SLA’s without any trouble.

Here are 3 ways to reduce mortgage underwriting services cost by 200%

1. Security is Key:
Mortgage industry requires high data security as this involves handling confidential documents. The slightest breach of security can cause any business to shut down. So the decision of outsourcing your in-house mortgage loan processing is extremely critical/Look for a provider with basic PCI DSS compliance along with ISO Certifications for strict Quality Checks

2. Cost of Operations reduced by 4X:
Setup cost is very high in the mortgage industry as they have to keep a track of documents and regular follow-ups are necessary. Off-shore mortgage bpo companies utilize workforce management tools to help reduce cost by 4X with relative industry experience. This also gives mortgage companies competitive advantage over their competitors.

3. 24×7 Support:
Off-shore mortgage loan underwriting companies should provide all forms of communication for enhanced customer satisfaction with 24×7 support. Your outsourcing partner should also assist in the entire mortgage process from collection of documents, to organization and evaluation before it has to be finally submitted for underwriting processes.

The Suma Soft advantage…

  • We use a workforce CRM tool that helps reduce TAT for any mortgage application
  • Help streamline loan underwriting process with minimum operational costs
  • Improved customer satisfaction with 24X7 support
  • Industry-specific expertise for more than 16 years, to deliver better cost benefits that give mortgage company a competitive edge
  • ISO 9001:2008 certification company for Quality Management certificate & PCI DSS Compliant

For over 16 years Suma Soft has been the most preferred mortgage underwriting services partner. We ensure comprehensive underwriting analysis, superior processes and quality checks.
To find out more about Suma Soft’s outsource mortgage underwriting services, Click Here>>>?


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


© Copyright nasscom. All Rights Reserved.