Our Correspondent Mortgage Lending Department Offers

• Web-based Pricing & Product Eligibility Engine helps price and source deals quickly and accurately, with competitive rates and products from our most popular investors.
• 24/48 hour turn times in underwriting, conditions and docs.
• Special pricing offered exclusively to Kwik Mortgage Loan officer branches.
• Bonus incentives for the Branch Manager up to 75bps better than rate sheet pricing on our banking line.
• Ongoing research to find the newest and most competitive products/investors to meet your borrowers’ needs.
• Extensive loan product information and support available through our Secondary Marketing Department. We are currently approved with correspondent investors and wholesale lenders.

Accounting

Kwik Mortgage accounting and financial services greatly decrease the amount of time our Branch Managers spend on tracking, recording, and managing their finances. We provide excellent tools for accurate record keeping, financial reporting and asset management. Kwik Mortgage’s full array of accounting services offset the costs of third party accountancy and consulting fees while increasing the amount of time our loan officers have to lead and manage their most precious resource—their customers and their employees.

Accounting Job Includes:

• Processing vendor invoices, borrower deposits and check requests, expense reports
• Calculating commissions and production bonuses
• Recording and reconciling all financial transactions
• Managing the financial assets of the company

Finance Responsibilities includes:

• Compiling annual budgets and monthly forecasts
• Analyzing and reporting financial and statistical information for internal and external clients
• Monthly, quarterly and annual reporting for the Kwik Mortgage Loans internal management team

Payroll Service:

• Semi-monthly payroll processing for all branch employees
• Detailed accounting of all payroll deductions
• Non-payday payroll processing available
• Employer state and federal tax filings
• Year end tax reporting
• Detailed loan reconciliation
• Detailed payroll and disbursement reporting

Mortgage Operations:

The Operations Team is responsible for taking a loan application to the closing table. We process and underwrite the loan and we know that time is of the essence. Beware of tight closing dates. We’re called "Kwik" for a reason!

• Communicating with the client
• Reviewing all loan set-up documents and working with the mortgage banker to get all the documentation required
• Underwriting, troubleshooting and auditing loans
• Maintain business support and informational material
• Obtaining appraisals, verifications, and insurance declarations
• Scheduling and coordinating closings, reviewing final figures with clients; preparing closing packages

Human Resources Team

The Human Resources Team supports Kwik Mortgage Team members. We are the company’s resource for answering HR-related questions, handling team member issues and helping to make Kwik Mortgage one of the best places to work!

• Payroll
• Recruiting
• Training programs
• Team member relations
• Benefits and compensation

Technology Responsibility:

• Providing solutions to technical problems
• Enhancing the business process to add value to our clients
• Programming applications and closing packages
• Maintaining our company web sites, servers and other computer systems
• Providing desktop support, network administration, and telecommunications support
• Supporting backend teams like Accounting, Marketing, Shipping, Legal, Quality Control, Client Relations, etc.

Client Relations Team:

Our Client Relations Team supports the Kwik Mortgage Home Consultant by responding to client emails, calls and live-chat inquiries.

• Strive to make our client experience great
• Welcome clients to our offices and route client calls to the appropriate team
• Answer clients’ questions and clear up any difficulties they may experience during the mortgage process
• Give technical support to clients signing their documents online
• Review post-closing client satisfaction surveys and follow up with clients
• Deliver compliments and awards to team members for outstanding client service

Legal

The Legal Team addresses a wide variety of legal issues including compliance with laws, regulations, corporate and employment matters. We assist Mortgage Bankers and the Operations staff by preparing agreements needed to close loans, clearing title issues, and helping with problem loan situations.

• Consults with leadership on issues relating to marketing, leasing, contracts, business expansion, Internet law, licensing, business development, real estate law, and insurance and loss prevention.
• Negotiates agreements
• Manages legal affairs between the company and various banks and institutional investors in the secondary mortgage market.