All of our services can be completely customized. The information below
describes our most common practices and outlines industry norms. There are
no limitations on how we can configure our services to me your specific needs,
standards, and/or procedures.
Settlement Agent sends file to GVMS overnight
After the loan has closed and funded, the file is delived to GVMS.
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Receives and ships file to Final Investor
After receiving the overnight package from the Settlement Agent, we will perform
a post-closing audit of the documents for any discrepancies. After a thorough
quality assurance inspection, the file will be stacked according to the Final
Investor’s specifications and shipped by overnight delivery to the Final
Investor. A collateral package is prepared for the warehouse lender, if
required.
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Final Investor reviews for purchase
The Final Investor receives the entire package and again the package is
inspected for discrepancies.
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Post-Closing/Pre-Purchase items will be cured by GVMS and/or you
Any and all discrepancies found by the Final Investor must be cured prior to
purchase.
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Final Investor Purchases the Loan from You
Once all conditions are cleared, the Final Investor will purchase the loan.
If you are using a warehouse line, the line will be replenished and those funds are
ready to be reused.
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You compensate GVMS for services rendered
When the loan is purchased by the Final Investor, GVMS will create an invoice
for the services rendered and bill you on a monthly basis.
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