WHICH LOAN PROCESSING PACKAGE IS RIGHT FOR YOU?
Whether you're looking for full-service third-party mortgage processing or support for specific stages of the loan process, Hancock Processing offers flexible packages designed to fit your workflow, loan volume, and business goals.
STANDARD
Submission to Close
$995 Per Closed Loan
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Your Loan Officer completes the application and obtains the purchase contract
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Your Loan Officer sends and retrieves signed initial disclosures and all supporting borrower documents for underwriting
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Hancock orders third-party items such as Title, Appraisal, and HOI
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Hancock submits to underwriting
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Hancock works directly with the client to clear conditions and prepare for closing
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Hancock closes the loan!
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Hancock completes the post-close audit
PREFERRED
Initial Disclosures to Close
$1,195 Per Closed Loan
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Your Loan Officer completes the application and obtains the purchase contract
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Hancock sends and retrieves signed initial disclosures and all supporting borrower documents for underwriting
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Hancock orders third-party items such as Title, Appraisal, and HOI
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Hancock submits to underwriting
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Hancock works directly with the client to clear conditions and prepare for closing
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Hancock closes the loan!
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Hancock completes the post-close audit
ELITE
LOA/Processor Hybrid
$1,495 Per Closed Loan
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Hancock collects borrower documents and calculates income
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Hancock helps set up prequalification and preapproval
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Hancock submits TBD to lender if needed
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Hancock sends and retrieves signed initial disclosures and all supporting borrower documents for underwriting
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Hancock orders third-party items such as Title, Appraisal, and HOI
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Hancock submits to underwriting, clears conditions
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Hancock closes the loan!
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Hancock completes the post-close audit
STREAMLINE
FHA STREAMLINES & VA IRRRLS
$695 Per Closed Loan
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Your Loan Officer sends and retrieves signed initial disclosures and all supporting borrower documents for underwriting
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Hancock orders third-party items like Title and HOI
​
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Hancock submits to underwriting
​
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Hancock works directly with the client to clear conditions and prepare for closing
​
-
Hancock closes the loan!
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Hancock completes the post-close audit
LOAN TYPES WE SUPPORT
√ Purchase & Refinance
√ Primary, 2nd Home & Investment
√ Full Doc, Streamlines & IRRRLs
√ FHA, VA, USDA & Conventional
√ DSCR
√ Non-QM
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​√ Reverse
√ Commercial
√ Non-Delegated Correspondent
√ Correspondent