Loan Underwriting Services

Loan Underwriting Services

Loan Underwriting Services

Easy, reliable, affordable – with years of experience in the financial industry, eNoah enables lenders to optimize productivity and streamline costs with the right people, right processes, and right technology.

With our end-to-end understanding of underwriting processes and our broad spectrum of support services, you can scale for growth and improve profit margins. By outsourcing processing tasks to eNoah, your staff can focus on critical functions, while we take care of your back-office support tasks. We provide services across the lending value chain, from origination and fulfillment to secondary marketing and servicing.

enoah loan underwriting services

eNoah provides pre-underwriting services for leading financial services companies. Our specialists can input, update, and validate borrower and guarantor details (including but not limited to banking information, financial statements, and credit score information).

This data can be input directly to your system, or analysts can prepare a completed documents folder for your underwriters. We can carry out the entire pre-underwriting process with professional expediency and precision while reducing your costs.

eNoah’s infrastructure and processes are HIPAA, GLBA, and ISO 27001 compliant, operating in a secure environment where your clients’ personally identifiable information is protected.

Value Proposition

Our professional and courteous pre-underwriting service specialist team is comprised of qualified graduates in finance discipline. Our analysts are experienced professionals with backgrounds serving some of the fastest growing financial services companies in the US. They will work whatever business hours are best for your business, communicating via online chat, email, and phone whenever needed.

improved-profitability

Improved Profitability

improved-process-efficiency

Improved Process Efficiency

improved-cash-flow

Improved Cash flow

reduce-cycle-time

Reduce Cycle Time

reduce-cost

Reduce Cost

reduce-overhead

Reduce Overhead

Turnaround time for the vast majority of underwriting tasks is two business hours, depending on the complexity of the job. Almost 98% of the orders are completed during the same business day. Day-end orders are delivered before the start of the next business day.

eNoah’s Loan Underwriting Services Offerings

loan-underwriting

Loan Underwriting Services

  • Our experienced analyst can handle end to end pre-underwriting of loans which includes Cash flow analysis, Business & guarantor info validation, Credit appraisal, tax return analysis, Social Media research, SOS & OFAC check, Financial statement analysis etc
  • Our analysts summarize results of the review for the underwriters to make decisions
  • eNoah analysts ensure that client’s underwriting team focusses on functions that are more critical
bank statement analysis

Bank Statement Analysis

  • A dedicated specialist will complete a detailed analysis according to the client’s specifications including, but not limited to, Deposits – Total & Backed out, Itemized adjustments, Negative days, OD & NSF fee, Existing debt payments, unusual transactions etc.
  • Our team has been trained to identify fraudulent/manipulated statements. We have processed statements of close to 2000 different banks
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Loan Setup in CRM

  • eNoah can setup loans in client’s CRM using the signed application & supporting documents provided by the brokers and sales team
  • Our team can correspond with brokers & sales to ensure that all compliances are in order.
  • If required, the team will contact Broker/Sales team for missing information
  • eNoah fills all the mandatory fields in the CRM before it is time to set up the loans
servicing collection review

Servicing, Collection & Review

  • Early and overdue collection calls
  • Asset management
  • Overdue payments processing
  • Accounting and reconciliation
  • Mortgage Insurance
  • Appraisal report review

eNoah’s Unique Engagement Model

fractional-fte-at-attractive-cost

Fractional FTE at Attractive Cost

  • eNoah has tailor-made programs with partial resources trained for both business functions. You pay for only half FTE to handle the transactions.
hybrid-model

Hybrid Model

  • If volumes are between half FTE and full FTE, our unique engagement model enables clients to pay for only half FTE with transaction-based pricing.

Tools and Reports available – eTouch at a glance

We provide easy tracking and visibility through dashboards and reports.

CRM

  • Salesforce
  • MCA Suite
  • Centrex Software
  • Zoho

Third Party Credit Reports

  • Experian
  • D&B Credit
  • Lexis Nexis
  • MicroBilt
  • Equifax
  • UCS
  • Paynet
  • TaxGuard

Other Reports

  • OFAC
  • Google Street View
  • FFIEC
  • REDFIN
  • Melissa
  • Office 365
  • Yelp
  • Zillow

File Sharing Applications

  • Dropbox
  • Onedrive
  • Google Drive
  • Box
  • Sharefile
Contact Us

Get in Touch

  • contactus@enoahisolution.com

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