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Mortgage

Bridgewater end to end understands of the intricacies of mortgage processes and our broad spectrum support services are your trusted combination to handle the present economic challenges of banking institutions. We can help with our experience based expertise to optimize productivity and streamline cost for your company.

By outsourcing these processes to us, your critical staff can now focus on value added functions that directly fuel business growth while we take care of your back office support capably.

We provide services right across the mortgage value chain, from origination and fulfillment to secondary marketing and servicing.

Mortgage Pre-Underwriting Services

Mortgage Loan Processing:

  • Loan Setup & Indexing
  • Pre approval
  • Restructuring
  • Registration and Disclosing
  • Processing

Business & Commercial Lending:

Bridgewater Bps Pvt. Ltd. provides pre-underwriting services for leading financial services companies…

Bridgewater mortgage specialist team would update the borrower details, bank details and credit score information; prepare your document folder for your Underwriter to underwrite a loan in minutes. Once Bridgewater receives the collaterals, the team starts working in putting all the data in order in your Underwriting Software within no time. Bridgewater carries out pre-underwriting process with professional expediency and precision while reducing your costs.

Bridgewater Bps Pvt. Ltd. infrastructure and process is HIPAA and ISO 27001 compliant and operates in a secure environment. You client's personally identifiable information is protected.

Bridgewater's professional and courteous Pre-Underwriting service specialist team comprises of qualified graduates in finance discipline with professional experience of serving some of the fastest growing financial services company in the US.

Our Turnaround time (TAT) is two business hours:

TAT is the time taken from the time we receive the file with mandatory documents to the time when the Pre-Underwriting work is completed & delivered. Almost 98% of the orders are completed during the same business day. Day end orders are delivered before start of next business day.

Enterprise Application Services

Bridgewater partners with QAD, SAP Business One, and Salesforce to offer ERP sales and implementation and support services for larger enterprises and SMEs across various industries.

  • QAD Services

  • SAP Business One ERP Solutions

  • SAP S4 HANA Services

  • Salesforce CRM Services

  • SharePoint Services and Consulting

  • Adobe Workfront Services

Application Development & Maintenance

Bridgewater offers application development (.NET, Web, and Mobile) and maintenance services with industry-aligned custom solutions, greater security, and cloud support.

  • Web Application Development

  • Mobile Application Development Services

  • Claris File Maker Custom Solutions

  • Cloud Computing Services

Mortgage Underwriting Process Steps

  • Client would notify Bridgewater via email that order/deal has arrived
  • Clients would share an Internet work flow tool with Bridgewater in order to carry out Pre-Underwriting process.
  • Client provides all mandatory documents (bank statements, tax returns & loan application) to Bridgewater on the work flow tool.
  • Bridgewater team verifies the business information & owner information by pulling SOS report & Experian business report.
  • Using the work flow tool Bridgewater inputs bank details like Opening/Closing balance, Deposits, Withdrawals, Negative days, OD fees, Daily balances etc. and Sales details from Tax return.
  • As a next step Bridgewater pulls OFAC and Experian credit report and input all the details including Liens, UCC filings, Judgments, Bankruptcy, FICO score etc.
  • Bridgewater follows up with the client for any missing documents and takes it to closure.

Bridgewater completes the Pre-Underwriting process within 2 business hours with 100% accuracy.

New Business Acquisition
  • Inbound/outbound enquiries
  • Lead generation & pre qualification
  • Research support services
Collateral Ordering & Review
  • Credit reports
  • Property reports
  • Title reports
  • Mortgage insurance
  • Flood, hazard & other reports
Servicing Collections Maintenance
  • Early and overdue collection calls
  • Asset management
  • Overdue payments processing
  • Accounting and reconciliation
  • Investor reporting
Pre Underwriting & Closing Support
  • Credit evaluation
  • Collateral evaluation
  • Summary & pre underwriting decisions
  • Doc prep & closing support
  • Post closing services
  • Due diligence services
Settlement Services
  • Title agency production
  • Closing agency production
  • Closing agency production
  • Flood zone reports
  • Appraisal services