1. What is the relationship between Accurate mortgage Processing, Inc., Processing to Close, and A Plus Credit Solutions, Inc?

Accurate mortgage Processing, Inc. was developed to provide mortgage professionals with efficient tools to close more deals. Our flagship product, Processing to Close, is our local processing unit and at the same time, the name of the processing system we created to assure reliable processing and timely closings.

Processing to Close not only counts on seasoned mortgage loan processors, hand picked and regularly monitored; but also on established communications protocols and unique relationships with Lenders.

A Plus Credit Solutions, Inc., the parent company, was originated to assist customers and mortgage brokers with the time consuming and tedious work of fixing credit reports. This service has the power of converting people who would not be approved for a loan into potential borrowers.

2. Why do I need an outsourced processor?

We believe that outsourcing processing is the way of the future, and larger companies, like Bank Of America, would agree with us. The idea is that we allow for our clients to make a lot more money by focusing their efforts on marketing and growth. Please take a look at our market section for additional information.

3. How does a Loan Officer submit a file, conditions and any other documents?

You may send us documents by emailing scanned originals to ptc@processingtoclose.com. This is our preferred method.
You may also, however, fax documents to our fax line: 703-997-0578.
Lastly, you may also courier documents, especially if Lender requires originals, through companies like FedEx or UPS to the following address:

Accurate mortgage Processing, Inc.
Attn: Luisa Gayoso
9003 Okeith Ct.
Springfield, VA 22152

4. How does a Loan Officer know the status of his or her file?

The best way for a Loan Officer to check for updates is to check his or her email- we guarantee prompt emailed updates of file status as soon as Lender updates us. We also are committed to stay in touch with lender (and keep track of communication with lender) regularly. Of course, the loan officer may email us at any time to ptc@processingtoclose.com, as well.

5. Can a loan officer select STANDARD PROCESSING with one file and COMPLETE or LO ASSISTANT with another?

You may select how you want us to process each file individually; it depends on the level of assistance that you expect per file. As an alternative, you may also upgrade the service level you want even while file is in process (from Standard to LO Assistant, for example). This option is designed to give you more flexibility if a file, for instance, isn’t as simple as it looked at the beginning.

6. What is the importance and benefit of Accurate mortgage Processing Inc., and its exclusive relationship with Compliance Ease?

While most brokers may have a general idea of the quality of deals their company submits, you now have the option of knowing how compliant your deals are, before, or after the deal closes. Our relationship with Compliance Ease is yet another reason why we are different that most outsourced processing companies. Compliance Ease is an industry-leader providing comprehensive compliance auditing to over 200 satisfied institutions in the residential mortgage industry. Please see Compliance section for more information.

7. When are we billed?

We understand how important to the Loan Officer it is for his file to close; it is important to us as well. Therefore, we don't bill until the time of closing.

8. What happens if a file is not approved or doesn’t close?

At Accurate mortgage Processing, we believe that if we create and submit a steel-strong file right from the beginning, it is a file that we will get to closing. Even so, underwriters do not accept every file that comes across their desks, and some deals are not going to get approved. If a loan is not approved, we only expect the mortgage company to pick up the few expenses we incurred (the VOD request, the condo questionnaire, mail, etc.).

9. Do you require a minimum number of files per month?

There is no predetermined number of deals we expect from our mortgage brokers, unless we have a special arrangement at your request. Moreover, we treat every file with an equal amount of importance, whether you send us one or send us 51 (or more).

10. Is the mortgage broker eligible for any type of discount as it sends more and more deals to Processing To Close?

At this time there is no discount structure in place, and honestly, we believe that our prices are fair right from the start. However, if we notice that one company is sending 100% of its business or otherwise giving us a steady flow of files, we can certainly re-examine the current pricing and see if there's any room for further discounts.

11. How much do you charge per file processed?

While nothing is free, our services can be virtually free. Please contact us to discuss our flexible pricing options in relationship to your company business model.

In general, pricing is per file, and it depends on the level of assistance that you require: Standard Processing is less expensive; Loan Officer Assistant is more expensive as it is more comprehensive. Again, do contact us to discuss how to we can make these expenses become next to zero.

12. Can you process FHA loans?

Yes we can. In fact, we are fortunate to have one of the most experienced processors in the area as part of our team, who also happens to love FHA deals (love as in an acquired taste possibly, over the years). So yes, we can process FHA loans, as well as VHDA, VA, construction loans, etc.

13. Can you process in Washington DC or Maryland?

Yes we can. Other states are soon to come: Florida, Texas and North Carolina are our next expansion states.

14. I’m serious about taking action and want to find out final details before signing up, what’s the next step?

Just arrange a time for us to meet. When we visit you, the focus will be areas of improvement that we will discover through discussion, and in particular, what you expect our firm to accomplish for you. We will then jointly review a couple of files that you are working on and show you how Processing to Close would work to your advantage. At that point, we can get started immediately, and you can begin to realign your operating budget into marketing and other income producing projects.

We look forward to hearing from you.