Following initial introductions and meetings, Mortgage Title Partnership will structure a business plan outlining the primary needs, objectives, benefits, and profit potential of the ABA. During the ensuing 30- to 60-day “honeymoon period”, the Mortgage Company, Bank, Real Estate Brokerage or Builder begins referring business to the current title company. This is an important time when all key stakeholders in the new joint venture have an opportunity to establish working relationships that will figure critically in the future success of the ABA.

After the trial period has ended, and following confirmation of both entities of their intentions to proceed, MTP's title partner will initiate the process of establishing the new title company. This includes forming the Limited Liability Company (LLC), facilitating the signing of operating agreements, and streamlining pertinent paperwork, related processes and required disclosures. MTP may also assist the title partner in hiring and staffing, licensing, bonding, and getting the appropriate insurance for the new joint venture.

Once the new entity is formed, licensed, bonded and compliant, it can begin accepting new business. MTP will continue to review the activities of the new ABA and act as liaison on an ongoing basis.

Lastly, your check and financial statement will be hand-delivered or delivered via overnight express in regular intervals.