Back-office support to the Mortgage Industry
WORC has the industry knowledge, process expertise and scale to deliver the highest quality back-office support to the mortgage Industry.
WORC offers you a unique combination of people, processes and technology to help your mortgage loan business grow, while you focus on customers.
Our back-office support complements your processes and provides you with the following Back Office Services:-
- Determination of Risk in a particular Loan.
- Establishing Suitable loan terms and conditions
- Complete Evaluation of Loan Application
- Verification of Documents
- Approval of Loan
- Creation of Loan Files
- Interface with the underwriters at the client's end on a real time basis providing document/collateral validity support
- Rate sheet, Rate lock (real time and overnight) support by working with the loan officers through the loan Department.
- Data Entry
- Verification of the Borrowers Creditworthiness
- Verification of the value of the Real Property of the Borrower that will secure the Loan.
- Determination of the ability of the Borrower to repay the loan and matching it to an appropriate rate and term
- Analyze risk and determine whether it is acceptable to the lender.
As part of our work culture, ensuring client confidentiality is second nature to us. Client dedicated teams work separately in access-restricted environments
World Outsourcing Resource Centre has adopted the best in the industry business continuity plans.
Backup servers and desktops ensure business continuity in any emergency
Daily back-ups of data with securitized access to stored data
A disaster recovery site that can be made operational in 6 hours
A dedicated technology team is responsible for internal systems, project-specific application development and information security
Redundant telecom links and equipment along with critical spares
- A complete and thorough understanding of your requirement - we lay a lot of emphasis on requirement analysis
- A pro-active follow-up process from our end - our clients claim that we're always a step (or two) ahead of them
- Up to 50% cost savings
- A 24/7, 365 days operation - we never sleep!
- A partner with proven process and delivery efficiencies
- Seamless integration of cutting-edge technology and highly trained human capital
- Elaborate data security and disaster recovery infrastructure, ensuring uninterrupted availability of information