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Enterprise Lending
System
At LendingSpace, our products are all about making the process as
smooth, integral and intuitive as possible. Paper becomes virtually
a thing of the past, with accompanying benefits in variable cost
savings and process acceleration. Disparate and unwieldy process
"silos" disappear with enlightened, intelligent workflow and rules-based
decision-making.
Here, we are not only meeting the new business paradigm for technology
to be "better, faster, cheaper," we are also ensuring that technology
is smarter, more flexible and easier than ever to implement.
With these as our guiding principles, we offer our clients much
more than a loan origination system. We offer an entire Enterprise
Lending System, conceived to be comprehensive and simple to use.
Our technology enables mortgage companies to originate all types
of loans with confidence, including FHA and reverse mortgages, while
truly partnering with companies by offering a cost structure in
which they only pay for the loans they close.
The LendingSpace Enterprise Lending System includes the following
key components which can be leveraged in unison or can be deployed
as needed:
Loan Origination
System - Our flagship end-to-end, Web-based loan processing
solution handles all aspects of loan origination, from application
to funding, designed for lenders and brokers of all sizes. The system
stands alone for its flexibility, security, and fully extensive
customization features, with rules-based pricing, conditions, fees
and compliance checks.
LendingXchg
- Our exclusive online collaborative portal that allows lenders
and vendors to easily process third party orders such as credit,
flood, title, DU® and LP®, and virtually any other required product
or service. LendingXchg is fully integrated with the LendingSpace
Loan Origination System to eliminate re-keying of information. Any
documents received from vendors are automatically transferred to
the Loan Origination System saving steps, time and inconvenience
for users.
Point of Sale
- Our flexible and easy-to-use Point of Sale application makes
it simple for loan officers to register and optimally leverage leads.
With its built-in customer relationship management and deal structuring
features, it maximizes opportunities with prospective borrowers
by creating and comparing multiple loan scenarios.
Broker Portal
- Our private label web-based portal capability allows wholesale
lenders' brokers to submit loan applications directly from their
desktop origination systems, including systems such as Ellie Mae's
Encompass®, Calyx® Point® and Genesis®, among many others. Brokers
can also get pricing, fees, conditions and pipeline information
through the portal, which eliminates up to 80 percent of the status-checking
phone calls brokers typically make to loan departments, sapping
their time and productivity.
Lead Management
- Our lead aggregation solution allows effective management
of leads coming in from various channels, such as our business partners
LendingTree® and GetSmart®, or through the LendingSpace Broker Portal,
corporate website, or other sources. Using our interface adapters,
data is automatically transferred into LendingSpace's Loan Origination
System, where it is seamlessly available for Point of Sale's CRM
and deal structuring capabilities and ultimate loan creation.
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