# Loan Processing Services Compliance-aware processors who already know your state filings, your bond posture, and the regulator on the other end of the file. ## Why pair processing with licensing Most processing shops treat your license footprint as an afterthought. Cornerstone runs your licensing program already, so our processors flag mismatches before they become repurchase risk: an LO active in a state where your company lapsed, a borrower address in a state you have not yet entered, a fee structure that crosses a state cap. The same team that manages your filings prepares your files. ## Scope of work End-to-end loan file preparation tied to your active state licenses and product mix. ## Who this is for Independent mortgage banks and consumer lenders running 25 to 500 files a month who want a processing bench that scales with their license footprint instead of fighting it. ## How to get licensed 1. **License-aware onboarding**, We sync your active state licenses, bond posture, and product mix into the processor's checklist library so every file is scored against your live regulatory footprint. 2. **File assignment**, Each loan is routed to a processor who already knows the state, the regulator, and your typical exception patterns. 3. **Compliance pre-check**, TRID, state caps, license-state-of-property, and high-cost tests run before disclosures move. 4. **Clear-to-close handoff**, Conditions cleared, stips logged, and the file is delivered to your underwriter and closing team with a structured handoff note. ## Frequently asked questions ### Do you replace our LOS? No. We work inside your existing LOS (Encompass, Empower, BytePro, LendingPad, etc.) and adopt your templates and stacking order. ### Can processors moonlight as LOs? No. Cornerstone processors are processors only. State LO licensure and origination activity stay with your licensed staff. ### How does pricing work? Per-file pricing tied to product type and state complexity, with monthly minimums based on capacity reserved. Final pricing follows a discovery call. ### How fast can we go live? Most lenders are processing the first file within two weeks of contract signing.