What Is Outsource Mortgage Processing?
Outsource mortgage processing means hiring a third-party processing company — like CTC Processing — to handle all loan processing tasks on a per-loan, contract basis instead of hiring an in-house processor.
Frequently Asked Questions
Is outsource processing legal and compliant?
Yes — outsource mortgage processing is fully compliant when the contract processor is properly disclosed on the Closing Disclosure and operates under the supervising LO's licensed lender. CTC Processing is properly structured for Colorado regulatory compliance.
What does an outsource processor charge?
Contract processors typically charge a flat per-loan fee billed at CTC. Fees vary by loan complexity. CTC's fee structure is transparent and available to prospective LO partners on request.
What happens if a loan doesn't close?
CTC charges only for loans that close. If a file falls out of contract or the borrower withdraws, CTC does not charge a processing fee — our incentives are aligned with yours.
Put this into practice.
CTC handles the file so you can stay in front of borrowers and Realtors.