Our Post-Closing Process
The notary has instructions to send us the closing documents directly from the closing table. Upon receipt, we image the documents, perform an extensive audit as per the pre-defined checklist, and flag any exceptions, all within Indecomm's Dynamic Doc HUB (DDH). The client can then address the exceptions online. After loan funding, we perform our recording service. Once the mortgage is successfully recorded, we produce the policy, print it, and ship the recorded mortgage and policy to the client or the custodian.
5. Shipping and Delivery
Produce & deliver policies to beneficiaries
Deliver lender package to lender
Deliver recorded mortgage & final documents to custodian
4. Mortgage Recording
Pre-recording prep and QC
Send documents for recording
3. Pre-Funding Quality Control
2. Sort and Scan Package
Sort, stack, and scan documents
Upload closing documents
Send documents for review
1. Receive Closing Package
Indecomm clients experience a number of benefits from outsourcing their post-closing function.
Indecomm eliminates multiple touch points between notary to post-closing to recording to policy production. This speeds up the process and reduces the potential for service-level lapses.
Using Indecomm's Dynamic Doc HUB (DDH), we provide a real-time view into the status of the closing documents and the related exceptions so that our client can address them in a timely manner and ensure the timely and accurate funding of the loan.
Easy Transition from Post-Closing to Recording
The direct transition from the post-closing audit step to recording ensures that no time is lost from the time the loan is funded to the time the loan is sent to the county for recording. This is why most of our recording clients have engaged us to perform the post-closing audit function as well.
Variable pricing model
We not only lower, but also convert the entire cost structure associated with the post-closing function into a 100% variable model. This helps tremendously to manage the cost structure and create scalability in this turbulent mortgage market.