Origination Services from Verity

Why Verity?

The mortgage industry is changing

Verity is a labor and automation solution provider. Our clients outsource workflows to Verity’s offshore team or utilize Verity’s robotic process automation technology to achieve the lowest cost of production.
We offer a full suite of solutions to meet your needs, including loan origination, loan servicing, title work and real-time, AI-powered pre- and post-close quality control services.
With Verity on your side, you’ll be able to focus on what matters most – growing your business and taking care of your customers.
You deserve an easier way to do business. Let Verity Global Solutions take care of all those tedious tasks for you so you can get back to business.
Schedule a free consultation today to see what Verity can do for you.

Verity performs all non-customer-facing activities. Underwriters are your most expensive resource. If an underwriter’s loaded cost is $135,000, their hourly rate comes to approximately $65. What our clients find, when they look at the actual work, their underwriters are spending a lot of time on work that doesn’t correspond to $65/hr. That work is what Verity can do utilizing mortgage experts or automation.

Using this model you’re able to produce every piece of the loan at the right price giving you the lowest cost of production. Comparing the same tasks, Verity will save you 60% for every hour of work we take over from your team.

Loan Setup

Disclosures

Lock Desk

Processing Support

Pre-underwritting

HMDA

Trailing docs

Submissions

QCWorks

Initial Consultation

Scope definition

Process review and optimization

Cost modeling

Ramp Up

Onboarding

Define KPIs and SLAs

Production schedule

Introduce and integrate teams

Production

Quality and turn-time monitoring

Reporting

Product reviews

“With KPO underwriting support, my employees may submit a file Wednesday night and come back first thing on Thursday morning and have a complete file and task list to close out the loan. This enables work to happen 24/7 behind the scenes while employees are still able to go home on the weekends and return more refreshed and ready to tackle the day. In addition to cost savings, the enhanced operational efficiency created cleaner files from the beginning. It streamlined our operations, which resulted in a quicker turnaround time to fund the loans.”

- Sonny Bringol, Chairman & President
of Victorian Finance LLC

“If you look at each individual task that goes into producing a loan, if those tasks are assigned correctly to either the outsourced team or my internal team, we achieve maximum cost competitiveness and the shortest time to close. I want my team performing higher value and strategic work, focusing on the borrower experience. Outsourcing supports us with an assembly line production of time consuming, repetitive work.”

- Ben Cheek, CEO Genhomes Lending

“After six months of working
with outsourcing, Plains
Commerce was able to clear up 95% of all severe findings.
After an additional year working with our outsourcing partner, we haven’t had a severe finding in eight months. Plains Commerce has been able to focus on fixing moderate and informational findings, making us more proactive and compliant.”

- Katie Gibbons, Chief Compliance Officer of Plains Commerce Bank.

"With outsourcing, more menial tasks and busywork are outsourced, meaning the in-house staff is utilized for higher value work focused on the borrower experience and credit decisions. One of the benefits of outsourcing has been that our employees are happier and more fulfilled because they get to do the job they were hired to do, without the more mundane tasks. When their work is done, employees can leave the office on time, spending more time at home with family, and enjoying a better work-life balance even during volume spikes. Happier employees who can take time away from work to rest will come back more refreshed and ready to take on a new day. Due to the 24/7 flow of work from the outsourcing team, employees can take a vacation, use sick leave, and thoroughly enjoy their weekends before returning to work, with a checklist ready of what is left to complete. Rather than employees worrying about outsourcing taking their jobs, they feel a better sense of security, knowing they are needed and will be fully utilized despite the season."

-Kevin Heckemeyer, CEO of ResMac, Inc.

Verity Global Solutions

Origination services

Focus your high-value employees on high-value tasks – the Verity team can perform repetitive tasks and your back office functions, leaving your team to focus on strategy, decision making, and the borrower experience.

Schedule a Free Consultation to see how Verity can help you grow.

Why Verity?

The mortgage industry is changing