We built the processing team we wanted to hire.
Loan processing is careful work that runs on follow-up. People should own the judgment. Software should do the chasing.
Why Coralstone exists
A purchase loan takes 36.8 days on average from application to close. Most of that time is waiting for a document, an answer or a signature, and nobody can see where the file stands.
Coralstone puts a senior processor on every file and gives that person a team of software specialists. The specialists read documents, chase title and lenders, and draft messages. The processor approves the steps that matter.
The software is the reason our price can stay at $999 per file. It is never a reason to take the person out.
How we work
A person owns every file
A named processor, licensed in the property's state, answers for the file.
One flat price
$999 per loan file and $295 per coordination side, billed when the file closes.
One live file for everyone
Borrowers, partners and title read the same tracker.
Plain language, English and Spanish
Every message is written to be understood the first time.