How Fannie Mae’s Day1 Certainty Helps in Mortgage Loan Process Services - PowerPoint PPT Presentation

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How Fannie Mae’s Day1 Certainty Helps in Mortgage Loan Process Services

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Chronos Solutions offers the best Fannie Mae Day 1 Certainty service. This is an excellent process eliminating redundant check and duplicate documentation on the loan origination. – PowerPoint PPT presentation

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Title: How Fannie Mae’s Day1 Certainty Helps in Mortgage Loan Process Services


1
Make Well-Informed Lending Decisions with Fannie
Maes Day 1 Certainty
CHRONOS SOLUTIONS
  • Integrating automation Fannie Maes Day 1
    Certainty is a positive pre-verification step in
    the lending process. It is beneficial because the
    verification process involved takes less time and
    is handled electronically. Borrowers and lenders
    get to experience a faster and simpler lending
    process from the use of electronic data.

2
To reduce the risk in the mortgage lending
process, the Day 1 certainty program is a unique
technology intensive initiative that offers a
higher level of efficiency. Lenders get the
understate benefits
3
  • Easier availability of necessary information
    required in the loan disbursement process
  • The loaning process is streamlined
  • You get access to confirmed details on assets and
    income
  • An excellent process eliminating redundant
    checks and duplicate documentation n the loan
    origination process
  • For eligible mortgages, you do not have to
    produce warranties and certain representations
  • You can close on a loan faster with due
    confidence.

4
Fannie Maes Day 1 Certainty, benefits the
mortgage industry through the amalgamation of
e-signature capabilities, integrated electronic
document submission, online checklists.
Borrowers can make optimum use of these services
and get their data electronically verified early
in the process.
5
Secure, seamless, and on time validation of
information are the immediate benefits that
lenders can capitalize on while working with the
authorized Verification Report Suppliers from
Fannie Mae. Moreover, through the Data
Validation Services lenders can receive a report
of variances, detailed information about the
nature of the variances, and recommended action
for resolution. Hence, prompt resolutions of the
issues are feasible.
6
Day 1 Certainty
  • Secure, seamless, and on time validation of
    information are the immediate benefits that
    lenders can capitalize on while working with the
    authorized Verification Report Suppliers from
    Fannie Mae. Moreover, through the Data
    Validation Services lenders can receive a report
    of variances, detailed information about the
    nature of the variances, and recommended action
    for resolution. Hence, prompt resolutions of the
    issues are feasible.

7
To sum up, Fannie Maes Day 1 Certainty provides
you comprehensive access to lending supports
better and faster processes and complements risk
mitigation.
8
Chronos Solutions
  • 1199 S. Belt Line Rd. Suite 105Coppell, TX 75019
  • Call - 888-632-4482
  • Email info_at_chronossolutions.com
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