Ensure an Agile and Flexible
Title Process
With 20+ years of deep domain expertise, and being led by mortgage bankers who can easily identify the challenges involved with mortgage title, Nexval can help you ensure an agile and flexible title process with top notch tech-enabled services.
Order Entry
Verify property information
and place order for
search docs
(In- House or
Outside Abstractor)
Title/Property Search
Searching Public Records
Determine Property’s
Legal Ownership
Ascertaining Claims
on the Property
Searching for Vesting,
Liens or other Judgements,
Open Mortgages and
Property Taxes
Commitment Typing
Typing the Vesting,
legal description and Lien
information received
in search package
to complete
commitment report
Examination
Examination of documents
found during search that
affect the title of the property
Review of Legal
Ownership, Property Taxes,
Judgements/ Liens
Curative
Review Chain of Title
Verifying Vesting
Curing Open Mortgages
Clear Title and
issue CTC to the Lender
Scheduling
Calling Borrowers to
confirm on Closing Date,
Time, and Location
Fixing Notary to the Closing
Confirm Closing Status
Closing Disclosure
Key all relevant Fees
Calculate prior
mortgage Payoff
Confirming Hazard
Insurance Status
Confirming Property Taxes
Prepare CD to deliver
to the Borrowers
Ensure accuracy of the
delivered CD
Doc Prep
Assigning Closing
Package to Notary/
Attorney to
perform Closing
Post Closing
Review the signed package
Prepare Funding
Documents
Send to lender
requesting for
Disbursal of Funds
Funding
Assigning Closing
Package to Notary/
Attorney to
perform Closing
Recording
Upload all Documents
and assign to all
non-Online Vendors
Policy Production
Keying all the pertinent
details in the system
and generating
the Policies
How Nexval helps?
Quick and
Efficient
Processing
Availability
of
Qualified
Resources
Scalability of
Manpower /
Flexible
Manpower
Meeting
Compliance
Needs
Pre-underwriting
Efficiency
Workforce
Flexibility
Global
Outreach/
Expansion of
business
Access to
the Latest
Software
Security
Chance to
focus on core
competencies
Increased
operating
capacity
Improved
TAT
Enhanced
customer
experience
Process
Efficiency
Enhanced
Transparency
Better KPI
Cost-effective
Services