The Mortgage Processing Company is founded by Katie Banani.

 Katie brings a wealth of knowledge and expertise gained of experience in the Mortgage Industry. She has worked in the Retail, Correspondent, and Wholesale Channels as a Mortgage Specialist, Mortgage Processor, Underwriting, and Senior Loan originator. Katie has a balanced approach for thoroughly evaluating various types of mortgage loans. Her extensive knowledge of Agency guidelines, and administrative and operational competencies are instrumental in strengthening and improving the efficiency and effectiveness of the mortgage loan “process”.

Our goal is to provide exemplary service which will increase value and influence on your reputation. If business slows down, you don’t have to lay off employees or pay for a service you do not need. The Loan Processor supports the Loan originators by ensuring loan files contain all the documentation and data necessary to move through the loan lifecycle efficiently and to close the loan on time. Loan Processor will help you communicate with borrower successfully and simplify the home loan process and update the borrowers each step in their mortgage processing.

Essential Duties:

• Assist Loan Originators by prioritizing sales pipelines based on application statuses
• Support Loan Originators with tasks related to completing the mortgage loan application (1003 Application) such as running AUS (Fannie Mae’s DU/DO, Freddie Mac’s LPA S2S, or USDA’s GUS) or importing information from credit reports
• Generate initial disclosures for LO review in accordance with the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelines
• Collect documentation from borrowers at the direction of LOs and the loan system; enter document information into the loan system and submit information to wholesale lending organizations for conditional approval
• Manage the statuses and follow-up communications with mortgage services providers such as appraisers and title companies
• Work with wholesale lending underwriters to secure conditional approval and clearance to close
• Validate Final Closing Disclosure (Final CD) information and resolve any missing or mismatched data before closing the loan file in our system
• Execute a Closing Checklist to confirm that all regulated and reportable information is captured in a loan file before closing the file in our system
• Run and distribute various reports on a recurring basis
• Participate in process improvement projects
• Provide prompt, warm, and memorable service

Verification Service:

• Income and Employment Verification
• Insurance Verification
• Credit and Mortgage Verification
• Deposit and Asset Verification

Mortgage Loan Processing Pricing with KB Consulting Management LLC

Enjoy contract processing that provides you and your borrowers the highest level of customer satisfaction. Our fee is paid by the borrower in section B of the closing disclosure, allowing brokers and MLOs to earn- and keep- their full commission.