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You sell it… then let us do the rest!
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- Yes - You can have experienced mortgage processors at your beck and call --- and only pay them when a loan funds...
- Yes - You can make more money and have more time by letting experts push your paperwork for you...
- Yes - You can customize your level of support loan by loan, including running your AUS findings, document collection and updates… all at no extra charge.
- Yes - Underwriters will fight over your loans and do more favors because of how clean your loan files will be submitted using our exclusive QC process that has been certified by 5 different senior underwriters...
- Yes - You can enjoy all the benefits of looking like a big operation without the risk and pain of managing a big team...
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| New to Contract Processing? Want to know if Contract Processing makes sense for you? Click here.
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Our contract mortgage processing team…
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Between us, we've seen every side of this industry. We've watched interest
rates rise... easy loans fade to a distant memory... and lenders change their mortgage
guidelines daily.
Because we've been wholesale lenders, on the other side of loan processing,
we know why lenders push loans or brokers to the bottom of the pile. And
we know how to keep our clients from this dismal fate! The bottom line
is that...
We get your loans processed and approved FAST... earn you more CASH…
and free up your time… in ways that a typical contract mortgage processor
(or in-house) just doesn’t know how to do.
When we designed FastAction’s contract mortgage processing service, we looked
at the business from every angle, taking into account what it actually takes to
get a loan processed and approved in today’s market.
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Better Solution
FastAction Processing is simply more cost effective than in-house processing.
They are fast ... the technology they use is better ... and they make you feel like
they are a part of your team. I don't worry about the processing because I
know it will get done. And they update me and my customers before I even ask for
the update. In the couple months I've been using them my income has already increased
by over 10%, and I think that number is conservative. ~ JT, Loan Officer
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That’s Why We Built Our Contract Mortgage Processing Service with the Lender’s
perspective in mind...
Our team has an average of 13 years experience in the mortgage industry.
To earn the big money in this business you need a team with deep knowledge.
With more types of loans, products, and ways to package a loan than there are brands
of cereal in the grocery store, this is a highly complicated job. We have
the product knowledge and perhaps more importantly, the underwriting guideline
knowledge to get tough loans done FAST!
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You’d pay TOP Dollar for these people in house...

Bekah
Bekah started in the mortgage business in 1998. She spent 3 years preparing documents
for closings... 2 years as a conditions underwriter... 4 years processing... and
5 years in mortgage management and training.
Her greatest skill is her ability to create long-lasting relationships. Better still,
she GREW UP in a family of mortgage brokers and real estate agents. She used to
process loan applications for her mom when she was 14 years old! As a co-owner and
team lead, she knows every side of the real estate business, and is a key reason
the FastAction Team is so successful!
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… And we didn’t forget YOUR needs
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Great mortgage loan processing is more than just collecting paperwork…
We spent considerable time and money to develop an Underwriter Certified
Quality Control Process. Examined and certified by 5 very experienced senior underwriters,
our process is GUARANTEED to get your loans processed smoothly, approved with fewer
conditions and funded fast!
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This stuff is money…
Your QC process is the most thorough I’ve ever seen and I’ve processed
and even managed processors for a long time before I became an underwriter.
Really, this stuff is money. I don’t know how a loan officer can understand
the value of what you’ve done but it’s a big deal. ~ Troy, Underwriting
Manager .
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Here’s what you get with our contract mortgage processing service:
You get a TEAM behind every loan we process for you…
- We assign an experienced Team Leader who has full responsibility for your loan.
Yes, we’ll give you his or her name and the two of you can talk as if he or
she is at a desk down the hall. They are paid based off how happy you are,
so keeping you happy is their top priority!
You come out smelling like a rose to your clients AND LENDERS!
- We are YOUR team member. When we speak with your client, we introduce ourselves
as your “assistant.” As far as they know, we’re sitting two desks
away from you.
- We love working with your borrowers to get signatures, documentation, schedule closings
or update them. They only see us as a member of your staff.
- When Lenders constantly see all your paperwork completed with the precision and
accuracy of a pro, they equate the quality to YOUR business, not ours. This
is the secret to the occasional favor to get a tough loan done or a rush thru!
- And YOU stay in control. We say what you want us to say, and keep quiet when you
want to be the messenger.
Your loans are processed faster with higher success rates
- Our Underwriter Certified Quality Control Process and reputation for
quality means your loans get to the top of the underwriter’s stack,
and undergo far less scrutiny than other loans might. That may not have been important
two years ago, but today it’s a MUST!
You can customize the support you receive from us loan by loan
- We conform to the way you do business and you can change the level of support you
would like from us loan by loan.
- Like to run your own AUS findings, prepare your own disclosures or collect borrower
signatures and documentation in person? No problem. Would you rather have us help
you with some or even all of that? No problem. Has a vacation, personal matter or
recent high volume changed how much support you need temporarily? No problem – our
system can support you at any level you need… loan by loan.
- There are never extra charges to run your AUS
findings or give that extra support on a loan… or on every loan. We have the highest
level of service support in the industry and no hidden fees.
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Everything others might claim and more.
- Fast, consistent, reliable service: 8 business hour turn time for processing
new orders, 8 business hour turn time to quality control documents received with
our exclusive underwriter certified process … 2 business hour returned messages,
both phone and email.
- Tracking of all outstanding document orders such as appraisals, title, flood certification
and more. If we don’t get it back on time, we’ll stay on top of it and
send you a note.
- Saving you TIME and Money. But you already know this. A contract mortgage processor
free you up to market, sell and eliminates the fixed expense and hassle of hiring,
training managing and housing staff. Why do you think Fortune 100 and 500 companies
outsource?
- And more … paperless loan processing … final loan packages delivered
electronically… one-on-one training to get you up to speed faster….
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Broker owners:
Want to protect your profits? Tired of getting stuck with buy back charges
or lenders harassing you to pay for loans that great processing could have fixed?
We can provide standardized compliance and fraud detection solutions and reporting
to help you stay on top of your quality without the expense and hassle of bringing
processing in house.
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Getting Started is Simple
To leverage our successful team, simply request our
Getting Started Packet and you can be submitting loans in 24 hours.
There are no contracts, no monthly minimums and you can cancel at any time …
although you won’t cancel after you experience what we can do for you.
Our sign up process looks like this:
- Request our Getting Started Packet and
we’ll email it within 8 business hours.
- One of us will call you to answer any last minute questions and make sure you understand
the package we’ve sent you.
- Complete and return your packet to receive your username and password.
- Submit your first loan.
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No Obligation
There are no contracts and you can have us process 1 loan or 1000 with no obligation.
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Once we receive your first loan application, we will...
- Let you know we’ve received the new loan within 2 business hours so you can
rest easy that we are on top of it
- Run the appropriate AUS
- Send you updates as appropriate and return the AUS or Manual Pre-approvals to you
Once you and your borrower decide the pre-approved terms are acceptable we’ll
move the loan into full processing, where we will...
- Request all needed documentation from borrower
- Order Appraisal
- Order Title
- Order all verifications
- Track all outstanding items and follow up until they are received
- QC all items as they are received with our exclusive Underwriter Certified QC Process
- Resolve any issues that develop with documentation
- Submit loan to Lender
- Resolve all lender conditions
- Order Hazard Insurance
- Order Closing Documents
- Request Closing Agent send HUDs to you for your review
- Track closing package until returned to Lender
- Resolve all prior to funding conditions
- Track wiring of funds
- Deliver final copy package to you for your records
- And of course we keep you and your clients updated throughout the entire process
so there are never any questions about status
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Whatever it takes...
I've worked with Bobby for 10+ years. He's always been honest, direct, upright,
and a great individual. His knowledge, attitude and experience are the best. Once,
I had a significant problem with a file. I went to several others to get questions
answered... no help at all. Bobby ushered me into his office. I felt like I was
the only person in the world. He took all the time necessary to resolve my problem.
~ Christian, Loan Officer
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Great Job
There are so many brokers that could really use your service. If you ever
consider investors to help you grow let me know. You seem to have thought
of everything … why would a loan officer ever stop using you after they see
how well you process and take care of their business? ~ Patrick, Wholesale Branch
Manager.
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Our Fee Structure is Simple and there are NO Hidden Fees
FastAction Processing decided at the very beginning to keep our fee structure simple.
You’ll get MORE service from us for the same or better price. If you
haven’t read our page on Beware Hidden Fees
read it now.
$497 Processing fee on funded loans only
- One simple, easy to remember fee for most* mortgage loan types.
- Includes all of the processing services listed above, including our exclusive Underwriter Certified QC Process.
- Processing fee can be charged directly to the borrower on the HUD (most common)
or it can be deducted from gross proceeds if loan officer wishes to reduce or waive
processing fee for borrower.
* Discounted $297.00 fee for FHA streamlines.
** Concurrent second closing with the same lender has no extra charge. A concurrent
second closing with a different lender costs an additional $100 to process.
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Beware hidden fees!
Fine print is always a killer but with contract mortgage processing the fine print
can cost you big time. A lot of our “standard services” are extra
with most contract mortgage processors. See how we compare…
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If you are looking for a contract mortgage processor or contract mortgage processing
services in these states, we can help… (inquire on states not listed)
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