The Future of Mortgage Processing: Hancock Processing’s Game-Changing Playbook

Top 3 Misconceptions About Third-Party Processing

Tyler sees it all—hesitations, fears, and misconceptions. Here are the top three myths he busted during our conversation:

1. “It costs me money.”
   Wrong. Processing fees are added to the closing disclosure (CD) and paid by the client. No upfront costs. No extra expenses for the broker.
2. “You’re replacing my processors.”
   Nope. Hancock Processing takes your existing processors, pays them more, and handles payroll, systems, and training. Brokers eliminate payroll headaches, and processors get a raise—everybody wins.

“You don’t talk to my clients.”
False. Hancock processors communicate directly with clients via phone, email, or text. “We’ll even send a pigeon with a note if we have to,” Tyler joked.

The Freedom of Choice: Empowering Processors and Brokers

Here’s what I love about Hancock Processing: it’s not just for brokers—it’s a game-changer for processors, too.

Historically, processors have been captive to their loan officers, relying entirely on the business that comes their way. Tyler flips that dynamic on its head. Processors working for Hancock can:

• Partner with any loan officer or broker they choose.
• Bring in their own business and earn more money.
• Access training, mentorship, and residual income opportunities.

Processors can make up to $895 per file and earn residual income for bringing in new brokers. “If you bring in a brokerage that’s closing 20 loans a month, you’re making $1,000 a month in passive income—just for that referral,” Tyler explained.

This model transforms processors from employees into intrapreneurs—business owners within a business.

Why Third-Party Processing Makes Sense (Even for Small Shops)

Many small brokerages hesitate to outsource processing because they fear losing control. Tyler addressed this concern head-on:

1. No loss of control. Your processors stay in your office (if you want) and continue doing exactly what they’ve been doing. The only difference? Hancock pays them, trains them, and provides management support.
2. Scalability. If your processor takes a two-week vacation, Hancock’s team leads step in to keep files moving seamlessly. You’re no longer reliant on one person to keep your pipeline alive.
3. Consistency and expertise. Hancock processors have closed loans with every lender you can name. For brokers processing a loan with a new lender for the first time, this experience is invaluable.

“You get the lessons without the scars,” I told Tyler, and it’s true. Instead of fumbling through a loan with a new lender, you tap into a team that’s already mastered it.

Processing Best Practices: Tyler’s Pro Tips

For all the processors out there, Tyler dropped some golden advice for speeding up files and reducing headaches:

• Order everything up front. Title, appraisal, homeowners insurance—get it all ordered before submitting the file.
• Respond immediately. “If you take 3 hours to answer an email, that file is already gone to another processor.”
• Be proactive. Review files, spot conditions early, and address issues before underwriting.

It’s not rocket science—it’s just about taking action quickly and efficiently.

The Bottom Line

Tyler Hancock and his team aren’t just “processing loans”—they’re building a new way for the mortgage industry to operate. Third-party processing is no longer about cutting corners or saving a buck—it’s about providing expertise, consistency, and scalability to help brokers and processors thrive.

If you’re curious about whether third-party processing can help your business, I’d encourage you to reach out to me or check out Hancock Processing directly.

Tyler and his team are doing something special, and trust me—it’s worth a conversation.

Let’s work smarter and close more loans.

Want to chat more? Drop me a message, and I’ll happily talk you through it. Whether you’re scaling your brokerage or leveling up as a processor, there’s a better way to do business.

Check out Hancock Processing today! https://hancockprocessing.com/