Burligame, CA (PRWEB) May 29, 2014
Though the housing market encounters its fair share of ups and downs, real estate acquisition will remain a popular commodity due to its high investment potential and resale value. Whether a first-time home buyer or seasoned real estate investor is seeking out a loan, the mortgage approval process can be a slightly overwhelming adventure for both lenders and investors
Those familiar with the numerous processes required to finalize such a purchase understand that loan applications have multiple steps that require manual processing. These inefficiencies led to the innovative mortgage technologies of PointServ Inc.
Reacting to outdated traditional verification methods, the leader in direct sourcing of borrower financial documents, PointServ, revolutionized the mortgage industry with a fast and efficient way to receive official borrowers documents, W-2's, bank statements, and other income related material needed for loan approvals. Using strict and secure practices, PointServ Inc. has been recently certified by an SSAE-16 Type II audit earlier this year. Such an audit addresses an assessment of its corporate-wide policies and procedures related to handling client data further demonstrating PointServ’s commitment to operational excellence for its clients around the nation.
The unique development of PointServ's software based system provides mortgage lenders with borrower information instantaneously, which ultimately reduces time gathering, then validating borrower documents and faster turn-around times for pre-approvals and full-cycle loan processes.
What was once a troublesome and lengthy process is now an instant service that helps mortgage lenders, bankers, and financial institutions process loan applications quickly and efficiently- saving both time and money for their customers. Thanks to PointServ's new and innovative lending verification technologies, applying for loans has never been easier!
PointServ Inc. is the leading provider of certified borrower documents and verification services for the mortgage industry in the United States. The company develops and offers innovative technologies and services to help mortgage lenders, bankers and financial institutions process loan applications faster, better and more efficiently. PointServ’s products solve problems in the lending industry resulting in better customer experience for borrowers and loan applications. PointServ is headquartered in Burlingame, CA.