Mortgage Madness has many years experience in the processing, underwriting and origination fields.  We welcome Lenders, Brokers and Banks nationwide to use our processing services.  We were members of the Better Business Bureau (BBB) 2000-2008, US Association of Mortgage Processors (USAMP) with a designation of Certified Mortgage Processor, National Notary Association (NNA), Outsoucing Institute (OI) and the American Association of Business Process Outstourcing (AABPO).

Hire Mortgage Madness to perform your processing and you're bound to save a bundle.  There's no need to maintain an extensive and expensive staff, i.e.  no advertising, hiring, and training mortgage processing staff, no payroll taxes or benefits.  We can be your virtual back office.

Mortgage Madness, Inc. is Gramm/Leach/Bliley, Privacy Act, and FACTA compliant.  We are very careful with all documents that come through our office.  We have a professional shredding company that is a member of the National Association for Information Destruction, Inc. perform all of our document destruction.  It is the extra peice of mind for all clients that we associate with.

We charge a $450 flat processing fee for each first mortgage file processed and closed. For second mortgages or HELOC's we charge $100.   Any loan that goes through the processing cycle but does not close is only $50. 

Add our services to your company and you'll wonder why you didn't outsource your processing before.  Shortly after implementation you'll discover you're already reaping significant benefits - and enduring far fewer ongoing hassles.  Sign and return the Contract Processing Agreement  and get started today!

The Broker will:

Take the Loan Application, Collect signed disclosures, Collect borrower docs, Identify lender and program, as well as, Lock the loan. Send the Processing Submission Form.

Mortgage Madness will:

Order appaisal and title, Order payoff and subordination agreement (if necessary), Verify disclosures are accurate and complete, review credit report, bank statements, pay stubs and W2's, Submit loan package to lender, Clear lender conditions, Contact hazard insurance company for new mortgagee clause, Prepare fee sheet for review by broker, then submit to lender, Coordinate and schedule closing, Follow up to confirm closing was successful, Assemble a post closing loan package and deliver to broker, Keep the broker informed throughout the whole loan process

We are able to process nationwide EXCEPT in the following states:  AL, AZ, DC, GA, MD, NJ, NY, TX, VA, WA, and WV.