Managed Mortgage Solution (MMS)
Managed Mortgage Solutions (MMS) is a solution within the LLC platform, which offers a single point of contact for instructing, communicating, and funding during a mortgage transaction.
Lenders using our MMS program are typically mortgage finance companies, credit unions, and smaller Schedule I lenders.
What you can expect from MMS via LLC
- Easy access to solicitor instructions from the portal, eliminating the need for fax and creating a consistent experience across all MMS lenders.
- Enhanced communications with the MMS operations team via the notes function.
- Regular updates on your deal so you never miss a milestone; from solicitor conditions/broker conditions being satisfied, lender authorization to release funds, to deal funded.
- A secured document repository with 24/7 access.
- Increased productivity with pre-funding and closing documents uploaded to the platform, identification verification form, and statutory declaration editable PDFs.
- Streamlined processes with the Request for Funds (RFF) and the final report generated and submitted electronically, standardized across all MMS lenders.
- More protection with each MMS transaction being title insured by FCT (lender policy).
Specific products and features may vary by province, please contact your business development manager for details.