SAGO
SAGO
www.sagopros.com
P R O C E S S I N G
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You sell loans, we do the rest, just say go !!!
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(727) 781-0600
" Give Us a Call "
The Benefits of Outsourcing
| # Closings |
Avg Fees |
Gross Fees |
Processing |
Total |
| 30 |
$ 4,000 |
$ 120,000 |
$ 15,000 |
$ 105,000 |
| # Closings |
Avg Fees |
Gross Fees |
Processing |
Total |
| 20 |
$ 4,000 |
$ 80,000 |
$ 7,000 |
$ 73,000 |
Processing has been described as the life blood of the mortgage business - a company
either lives or dies based on its ability to deliver excellent service. Most of the burden
for providing excellent service falls on the processing function. Few companies have
any formal processing training.....
either lives or dies based on its ability to deliver excellent service. Most of the burden
for providing excellent service falls on the processing function. Few companies have
any formal processing training.....
© 2007 SAGO Processing, LLC., All Rights Reserved
• Eliminate the costly and constant need for recruiting, hiring, training and retaining
processing in house.
• Lower margin of error by replacing untrained and unqualified processing personnel with
experienced contract processors.
• Lower overhead and equipment leasing translates into increased profits.
• Shorten the closing cycle to approximately 18 days.
• Eliminate salaries, benefits, vacations, holidays, worker's compensation, sick days
insurance and payroll taxes.
• Always have a full-time staff - outsource staff is never on vacation, ill or on a personal
holiday as there is always a backup processor available.
• Control your pipeline at all times. Detailed loan status for the borrower, agent and the
originator each day.
• No long-term commitments or minimum requirements.
processing in house.
• Lower margin of error by replacing untrained and unqualified processing personnel with
experienced contract processors.
• Lower overhead and equipment leasing translates into increased profits.
• Shorten the closing cycle to approximately 18 days.
• Eliminate salaries, benefits, vacations, holidays, worker's compensation, sick days
insurance and payroll taxes.
• Always have a full-time staff - outsource staff is never on vacation, ill or on a personal
holiday as there is always a backup processor available.
• Control your pipeline at all times. Detailed loan status for the borrower, agent and the
originator each day.
• No long-term commitments or minimum requirements.
• Improve your product offering - we have staff to process any type of loan while staff
processors are typically limited to past experiences.
• Nationwide database of affiliated third party providers saves the processor time and
avoids file delays.
• Net branches and home-based originators have a standardized solution that helps to
achieve file compliance, broker protection and fast closings.
• Inexperienced loan officers are provided with guidance and knowledge, lowering
broker liability.
• Processors are experienced in DU / LP for streamlined approvals, higher debt ratios
and faster closings.
• Verifications are impartial and performed by a true third party to avoid loan fraud.
• There is NO CHARGE if the loan does not close.
• Exceptional customer service.
• Cutting edge technology based process flow procedures that would cost thousands to
implement and maintain in-house.
processors are typically limited to past experiences.
• Nationwide database of affiliated third party providers saves the processor time and
avoids file delays.
• Net branches and home-based originators have a standardized solution that helps to
achieve file compliance, broker protection and fast closings.
• Inexperienced loan officers are provided with guidance and knowledge, lowering
broker liability.
• Processors are experienced in DU / LP for streamlined approvals, higher debt ratios
and faster closings.
• Verifications are impartial and performed by a true third party to avoid loan fraud.
• There is NO CHARGE if the loan does not close.
• Exceptional customer service.
• Cutting edge technology based process flow procedures that would cost thousands to
implement and maintain in-house.
The costs of hiring and training, then again retraining more loan processors and worrying if they will show up for work
tomorrow, taking several smoke breaks a day, they seem to be always on MySpace.com or their personal email, doing
everything but their job, you know what I am talking about, they will drive you nuts. Also, all the extra office space,
equipment and technology that they utilize creates a deficit, when you can use this space for loan officers. The average
processor costs you about $350 per loan with all the expenses incurred. This is truly not a profit center for you.
tomorrow, taking several smoke breaks a day, they seem to be always on MySpace.com or their personal email, doing
everything but their job, you know what I am talking about, they will drive you nuts. Also, all the extra office space,
equipment and technology that they utilize creates a deficit, when you can use this space for loan officers. The average
processor costs you about $350 per loan with all the expenses incurred. This is truly not a profit center for you.
Our concept is for your company to focus more energy into prospecting and closing more loans, rather than hassling with
the processing side of the business, essentially you would make more profits. You have to admit processing is a hassle,
so why not allow us to take this tedious burden on for you. Below is the difference that could be made or more if you set
your sights on being more in the loan business. If you increase your business by only 50%, you can see why it is silly to
process your own deals. To top it off for every deal that you give us, we will give you quality leads "Free", hence
allowing you to close more loans. Click Here to learn more
the processing side of the business, essentially you would make more profits. You have to admit processing is a hassle,
so why not allow us to take this tedious burden on for you. Below is the difference that could be made or more if you set
your sights on being more in the loan business. If you increase your business by only 50%, you can see why it is silly to
process your own deals. To top it off for every deal that you give us, we will give you quality leads "Free", hence
allowing you to close more loans. Click Here to learn more