Settlement Services

Settlement Services

Our mortgage settlement services are tailored to meet the unique needs of each lender. We offer a range of service options that can be customized as a comprehensive program for a full end-to-end solution or blended with your internally managed functions. By aggregating customer volume, we negotiate lower fees with service providers and pass these savings on to both the lender and borrower.

Record Search & Title Examination

We utilize Title Plant Databases and other resources to research the subject property. Our skilled Title Examiners conduct a technical and interpretive analysis of all recorded documents to evaluate their impact on the property's title. We then provide a preliminary title policy or other requested reports.

HUD

HUD auctions involve properties foreclosed by federal agencies, particularly for FHA loans. The U.S. Department of Housing and Urban Development (HUD) takes possession of these properties when a government-insured loan is foreclosed. We handle HUD-related processes efficiently to ensure smooth transactions.

Closing

The closing process finalizes real estate transactions. This involves executing documents for recording, completing an accounting between parties, disbursing funds, and handling all details such as payment of liens and transfer of insurance policies. Our services include loan document preparation, document review, file audit and QA, draw loan docs, pre-funding risk review, reconciliation of closing fees, HUD-1 reviews, wiring instructions verification, and more.

Payoffs

We manage the receipt of funds from the buyer and the payment of the seller's obligations during the real estate transaction. This function is typically performed by the title company to ensure all financial aspects are accurately addressed.

Lien Search

City lien searches confirm any issues or liens attached to the property at the local level. We contact county or city officials to verify the current status of the property, ensuring all issues are resolved before closing to avoid unknown liabilities for buyers and lenders.

Policy Production

We prepare the ALTA policy document by keying in exceptions and other relevant details to ensure accuracy and completeness.

Recording

We record instruments with the county recorder as a convenience for our customers. This service is provided without assuming responsibility for correctness or validity of the documents.

E-Recording

We handle the electronic transmission of document images from closing agents to the recorder's office for online recording. Once recorded, we send copies of the documents back to the closing agent to complete the process.