“Wake up determined, go to bed satisfied.” — Dwayne Johnson
Here are more positive ideas from Dwayne Johnson to set you in a determined mindset:
• Success doesn't come easy. Put in the time, effort, and dedication needed to achieve your goals.
• Learn from your mistakes and use them as stepping stones to success. Don't let failures define you.
• Constantly seek improvement, set new goals, and never settle for mediocrity. Keep pushing yourself to reach new heights.
• Stay true to yourself and embrace your uniqueness. Don't be afraid to be different or stand out from the crowd.
• Use your success to make a positive impact on the lives of others. Lift others up and be a source of inspiration and support.
• Don't let distractions derail you from your path. Stay focused on your goals and prioritize what truly matters.
Specialized VA Knowledge
VA loans have unique requirements (COE, residual income, funding fee calculations, appraisal requirements).
A contract processor experienced in VA loans can spot potential issues early and streamline the process.
Cost Savings for Lenders
No need to hire full-time staff; processors are paid per file.
Helps smaller brokerages or lenders manage fluctuating loan volumes without carrying extra payroll.
Faster Turn Times
Contract processors often work remotely and are paid per closed file, so they’re incentivized to move loans quickly.
They can push COE requests, follow up on VA appraisals, and ensure VA-specific forms (26-1880, 26-8923) are completed on time.
Compliance & Accuracy
VA has strict guidelines (e.g., allowable fees, seller concessions, and veteran protections).
A skilled processor reduces risk of compliance errors that could lead to loan buybacks or funding delays.
Scalability
During high volume seasons (e.g., rate drops, PCS military moves), lenders can bring on extra processors quickly without long-term HR commitments.
Reduced Loan Officer Burden
Lets LOs focus on originating, networking, and serving clients while the processor handles gathering DD-214s, income docs, pest inspection reports (if required), and underwriting conditions.
Improved Borrower Experience
Veterans and active-duty borrowers often value clear communication and speed.
A processor who knows the VA process can anticipate documentation needs and prevent last-minute surprises.
👉 In short: Contract processors help lenders stay lean, compliant, and efficient, while ensuring veterans have a smoother experience.