Case Study: Bank's Loan Production Office achieves faster loan processing with Flatworld Solutions

Financial & Accounting Back Office Support

Bank’s Loan Production Company, a Loan Production Office (LPO) in Las Vegas, needed help managing voluminous loan application paperwork, improving turnaround time, and handling peak application loads more efficiently. The company turned to Flatworld Solutions for financial and accounting back office support to streamline its loan processing operations.

Flatworld Solutions verified key source documents such as Forms 1003, 1040, 413, 4506T, financial statements, business credit reports, and DNBI records, then prepared loan eligibility reports in Microsoft Excel for various loan types including conventional, SBA 7(a), 504, and conduit loans. As a result, Flatworld Solutions helped the bank significantly reduce staffing and operating costs, improve turnaround time, and better manage seasonal spikes in loan document processing.