In 2022 the mortgage industry experienced what we will lightly call a “hiccup”, but could also be called a “meltdown of epic proportions”. Rates were rising, production at lending companies was going down, and it became apparent real quick that things were changing. As processors, the companies we worked for as dedicated employees dried up on loans. There was nothing to do, jobs were in jeopardy, and things were bleak.
It became increasingly obvious that being captive to one company as a processor has upsides when things are good and loans are rolling, but that can fall apart real fast. Certainty from employment is never certain when processing loans as an in-house processor because when things get tight for the company, you have no control over your income or future, and processors are the first on the chopping block.
It was at this time that our company vision was formed. Why process loans for one company when you can work with many? This is a cut-throat, high stress, eat what you kill industry, and we embrace the highs and lows that come with that. So, we decided to go out and establish great relationships with great people to process loans for, and Hancock Processing LLC was off to the races.
We never take a relationship for granted, and we know nothing is ever promised for tomorrow. We know we have to deliver to maintain these relationships, and we would much rather do that then sit at our desk in a lender office collecting our salary checks hoping for a stable life, as we have now realized that stability can evaporate overnight.
We process loans, we make borrowers and LOs happy to work with us, and we save Brokers and LOs a ton of money on processing staff.
We DO BETTER…
Call or Text: (877) 821-2385
Email: [email protected]
NMLS# 2191187
States We Do Business In
AL, AZ, CA, CO, DE, FL, GA, IA, ID, IL, KS, MA, MD, MI, MN, MO, NC, NE, NM, OH, OK, OR, PA, SC, TN, TX, VA, WA