Mortgage Loan Solutions
Outsourcing services and in-house systems to capture loan documents and extract the data you need quickly
Originate, close and process more loans faster
With the cost of loan origination and processing at an all-time high, finding efficiencies in the process is critical for growth. Getting the loan data quickly, accurately and securely reduces your cost of manual intervention.
Did you know?
70% of loan processing costs are comprised of manual effort
Average Net Cost to originate a new loan is $6,253
Average time to close a loan is 46 days
Automating your current mortgage process can help you:
Accelerate revenue and closing times
Capture loan documents accurately
Engage customers via their preferred device
Reynolds provides outsourcing, in-house systems, and hybrid options to capture your loan documents.
Reynolds employees pick up your files on whatever schedule you require.
Reynolds prepares your mortgage loans for scanning including - identifying and organizing document types, removing staples, etc.
Reynolds Mortgage Loan Scanning Services scans your loan files on state-of-the-art, production level document scanners, helping to ensure crisp, clear images. Reynolds scanning services utilize both hardware and software image cleanup, further insuring image quality.
Reynolds staff accurately indexes each loan to insure fast retrievals.
Optical Character Recognition (OCR)
Reynolds employs the latest software technology to convert your loan documents to text for indexing and automatic document type classification and inventory creation.
Quality Control (QC)
100% quality control is applied assure all every image is scanned and equally as legible as the original.
Providing a wide range of document scanning hardware from desktop to ultra-high production scanners, Reynolds experts will determine the optimal mix of devices to fit your worflow, reduce labor costs and improve document quality.
Software such as Kofax Mortgage Agility is a smart process application that radically transforms and simplifies the mortgage application process.
The solution revolutionizes the antiquated, paper-laden, traditional mortgage process by actively engaging borrowers and lenders, enabling them to become collaborative stakeholders in a more effective, accurate and transparent process.
Delivering the next generation of mortgage processing, Mortgage Agility provides lenders with the ability to close more loans faster—and with greater efficiency. The solution enables mobile technology that pushes capture and collaboration capabilities to the web and mobile devices, enhancing both responsiveness and the customer experience. It also brings borrowers into the process unlike ever before, creating newfound value for both parties.
Discover new ways to reduce your processing times, increase efficiency and compliance, and save cost - call today 610-398-9080 or use the Request Information form below.