Mortgage Loan Processing Specialists
We are MSM Processing Solutions, Inc, offering contract processing for all types of mortgage loans. We can provide a cost-effective solution for your processing needs. We use Calyx Point or Encompass, whichever you require. We know that cost is an important issue so let’s begin with our price list.
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Fee Schedule
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Price
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Standard Fee for Processing
Includes Conventional, Subprime, and FHA/VA full files
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$399
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FHA/VA streamlines (w/o appraisal)
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$299
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2nd mortgage/stand-alone
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$250
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2nd mortgage/piggy-back
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$125
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No charge for files that do not close
Broker will pay for all shipping.
Broker will pay for fees such as VOE, Condo/HOA Cert., payoffs, and pay history, incurred in the processing of the file.
Resubmits to a different lender will be $50. Streamline with appraisal add $50.
Most of the time our fee can be on the HUD-1 and paid directly to us by the Title Company at closing.
On loans that our fee is not on the HUD-1 we would like the Title Company to pay us directly from the broker’s proceeds.
If Title Company cannot/will not pay our fee directly to us, the Broker will be responsible.
Contact us to get started.
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