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Loan Origination System
The LendingSpace Loan Origination System automates the entire lending
process with time and labor-saving features every step of the way.
Every product, every lending channel is supported, including FHA
and reverse mortgages.
Everything you need is included and elegantly presented for ease
of use: automated underwriting, customizable workflow, compliance
checks, document preparation management, rules-based assignment
system, vendor interfaces and customer relationship management.
The LendingSpace Loan Origination System is flexible, robust and
fully customizable to work the way you work.
Includes All Channels and All Products
- Retail, broker, affinity, correspondent and wholesale are
all supported
- Freddie Mac/Fannie Mae, FHA and Reverse mortgage lending
- Unique features for multi-loan (piggyback) processing
Workflow and Productivity Enhancement Features
- Workflow routing, task management, automatic reassignment,
loan status and milestones
- Rules-based pricing, fees, program limits and documents
- Tools - scenario manager and calculators
- Dynamic management for conditions and stipulations
- Credit interface with multiple providers, credit analysis
and scoring along with automatic payoffs
- High cost threshold analysis and worksheets
- Integrated e-mail and fax capabilities
Customer Relationship Management
- Contact management features capture all notes and activities,
manage appointments and to-do lists
- Works with marketing campaigns, customer retention efforts
- Enhances borrower loyalty programs
Interfaces to Resources and Services
- Embedded interface to Loan Prospector® (LP) and Desktop Underwriting®
(DU) without the need to switch applications and re-keying of
information
- Integrated to LendingXchg, for third party services (Flood,
Title, Credit, Appraisal, Document Preparation)
Secondary Marketing & Post-closing Functionality
- Pipeline management capability, with alerts that can be defined
for various conditions
- Disbursement tracking and wire management
- Comprehensive auditing and tracking
- Customizable compliance module with checks and rules
With LendingSpace, security and control are comprehensive and
complete, putting you in full command of your system, not the
other way around. LendingSpace is your safe, secure and completely
customizable loan origination partner.
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