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onDemand / Post Closing Services

 

Default QuoteDynatek offers a wide array of Post-Closing Services to help you centralize your loan production back office, save you costs, and add efficiency to your internal process. Our state-of-the-art shared service center offers a complete flexible and scalable service, staffed by processors and QC personnel who have many years of experience in processing all types of loans. Whether you want to off-load just your trailing documents, your entire post closing operation, or some combination in-between – Dynatek’s onDemand Post Closing Services can be packaged to fit your unique needs.

Dynatek’s onDemand Post Closing Services include:

Post Closing Review and Document Inventory

  • Scan and index loan files
  • Review loans for accuracy and completeness
  • Follow-through on all missing files and documents
  • Conduct Post-Closing and Funding Audits
  • Perform loan-level trust accounting

Warehouse Banking Back office

  • Submission of warehouse banking packages for banking or funding
  • Perform warehouse lender note receipt and review
  • Collateral allocation
  • Uncommitted and committed sub-limit tracking and reporting

Government Insuring

  • FHA and VA case binder preparation
  • Case submission and tracking
  • Coordination and confirmation with HUD
  • Track and forward completed MIC and LGC documents

GSE Pooling

  • Review and certify loan files for GNMA, FNMA, and FHLMC pool submission
  • Prepare schedule of pooled loans per investor guidelines
  • Ship pool of collateral files and schedule to custodian
  • Perform regular reconciliation of pending pool schedules

Shipping and Delivery

  • Review completed loan packages for compliance with investor guidelines and “stacking orders”
  • Clear exceptions before shipping
  • Ship loans in time to meet investor commitment dates
  • Log and report investor purchase decisions to the lender

Document Imaging

  • Scan and index all incoming documents with bar codes
  • Make scanned images available to you via the Internet
  • Transfer image copies after one year to backup media for longer-term storage

Trailing Documents and Lost Document Recovery

  • Scan, inventory and index all trailing documents
  • Perform quality audit for completeness and accuracy
  • Forwarded documents to the investor
  • Place follow-up calls to track down trailing documents
  • Initiate document recovery process if necessary