We calculate W-2 income for both hourly and salaried borrowers to verify income eligibility.

We analyze and calculate self-employed income using a 1084-like form to determine loan qualification.

We evaluate business income with a 1088-like form to provide a comprehensive financial assessment.

We calculate rental income using 1037, 1038, and 1039 like-forms to accurately assess additional income sources.

We meticulously review your URLA loan application to ensure accuracy and completeness.

We obtain the current mortgage payoff letter to facilitate smooth refinancing processes.

We prepare letters for gifted funds to ensure proper documentation of cash-to-close amounts.

We perform early watchlist screenings, including OFAC and PEP, to identify potential risks.

We determine flood zones for properties to ensure compliance with flood insurance requirements.

We provide property value assessments using an Automated Valuation Model (AVM) for more accurate LTV estimates prior to appraisal.

We conduct a search of FEMA Major Disaster Declarations to determine whether a property is located in a federally declared disaster area.

We conduct thorough Know Your Customer (KYC) searches to verify borrower identities.

We perform Know Your Business (KYB) searches to verify business entities and their legitimacy.

We verify deposits and assets to ensure accurate financial profiles for loan qualification.

We confirm mortgage or rent payments to validate the borrower's payment history and reliability.

We verify military status to ensure eligibility and requirements for military-related benefits under SCRA.

We prepare Letters of Explanation to address any discrepancies or unusual circumstances in the loan file.

We verify income and employment to accurately assess the borrower’s financial profile.

We verify homeowners insurance to ensure proper coverage and compliance with lender requirements.

We verify earnest money deposits to confirm borrower commitment and financial capacity.

We verify Social Security numbers to ensure the accuracy of borrower identification and prevent fraud.

We proactively track borrower credit activity to identify new debts that could impact loan eligibility post-application.

We identify outstanding liens or judgments against borrowers to uncover items that may not appear on the credit report.

We process the 4506-C form to obtain tax transcripts directly from the IRS, ensuring accurate income verification for more complex loan scenarios.

We search borrower mortgage registrations to confirm lienholder details and loan history.

We search for properties owned by the borrower to assess their impact on DTI and loan qualifications.

We provide property tax information on REO to avoid surprises during the mortgage process.

We provide up-to-date market insights to ensure compliance with active listing requirements before closing.

We conduct fraud screenings to identify and mitigate any red flags in the loan application process.

We conduct OFAC, HUD LDP, SAM EPLS, SDN, PLC, SSI, FSE and FHFA SCP watchlist screenings to identify and mitigate potential compliance risks.

We help address and cure conditions set by AUS, lenders, and title companies to get loan approval.

We efficiently coordinate the ordering of all necessary services, ensuring a streamlined and timely loan processing experience.

We offer exclusive pricing on common closing costs, ensuring you receive the best rates for essential services.

We have rush-like turn times on appraisals to provide quick and accurate property valuations so your loans stay on track.

We deliver rapid title searches to verify property ownership and uncover any liens or issues that could impact closing.

We perform fast and reliable verifications of key borrower information to accelerate loan approvals.

We obtain Certificates of Good Standing to confirm business entities are compliant with state requirements.

We balance all figures, adjustments, and credits to ensure accuracy and deliver the final CD.

We notarize key underwriting documents through an independent notary network to secure loan approval.

We compile and organize post-closing documents for seamless record-keeping and audit readiness.

We organize and index all loan documents efficiently, ensuring easy access and streamlined processing.

We process and close second liens alongside the primary mortgage, ensuring a smooth dual-loan process.

We work on the same loan if it's resubmitted to a new lender to accommodate any change in circumstances or eligibility issues.

We process unlimited AUS resubmissions to accommodate any changes in loan and borrower details.

We finalize the URLA loan application, ensuring all details are accurate and complete.

We handle MERS pre-closing registration to ensure your loans comply with national tracking standards.

We verify the licenses of the appraisers and originators involved in the transaction to ensure they are valid and active.

We elevate loan quality with proactive audits and checks to minimize errors, delays, and repurchases.

We provide secure document storage during the loan process to ensure compliance with industry standards.

We find, use and pay for the latest tools so you don't have to while speeding up your loans in the process.

We provide timely updates to all stakeholders, ensuring clear communication and smooth coordination throughout the loan process.

We're constantly looking for ways to speed up our service. Please email our suggestion box at hello@kudosfi.com with your idea.