Promontory Fulfillment Services (PFS) enables ABA banks to offer mortgages in a profitable, efficient, and customer-focused way. With access to a comprehensive set of mortgage origination and operations solutions, the bank determines its own product and loan pricing strategies.
PFS’ solutions incorporate the following features:
- Performs loan processing services for a full range of mortgage products—including conventional, jumbo, non-agency and HELOCs
- Underwrites loans using client-provided business rules for products, pricing, policies, workflow and third-party integrations
- Supports all distribution channels: correspondent, wholesale and retail
- Processes and closes loans in the bank’s name
- Performs compliance loan reviews incorporating all current federal and state specific regulations throughout the process and through post-closing
- Delivers closed loans to the client or investor
- Provides whole loan sales execution to agencies and investors if required by client
- Keeps the client informed with timely, insightful and customizable reports for pipeline management
- Includes an advanced point-of-sale (POS) platform, known as the Borrower Wallet™, that provides competitive, mobile-first, digital customer experience
All customer contact is done in the bank’s name. All loan underwriting, processing and closing services are done at the company’s fulfillment center in Danbury, Conn.
Learn more about what Promontory Fulfillment Services can do for you