USDP VETERAN
75/25 split
U.S. Data Processing (USDP Veteran): 75% of fees to perform the below services on behalf of the MLO. This service includes mortgage loan processing services.
MLO provides lead, and we take it from there!
Services Provided by USDP:
Veteran Service Includes ALL the Scout and Patriot offerings, plus the following:
USDP will give regular updates to MLO on all loans in the pipeline.
USDP will manage all in-house or outsourced third-party processing.
USDP to ensure that all aspects of the mortgage process comply with U.S. Data Processing, Inc.’s quality control audit and milestones.
USDP to ensure all aspects of the mortgage process comply with the lender’s quality control guidelines/ overlays which were used for the mortgage loan.
USDP to ensure all aspects of the mortgage process comply with all State and Federal guidelines.
Required Documents and Tasks List from MLO:
MLO has an initial conversation with the Borrower, chooses USDP level of service at https://usdataprocessing.com/, and provides the following link to borrower: https://usdataprocessing.my1003app.com/inquiry
*** USDP is not responsible for final State and Federal QC and compliance but will assist with any trailing documents.