Automated Loan Processing 


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Automated Loan Processing
Automated Loan Processing through Loan NOW enables loans to be processed up to 70% faster than traditional processing methods. Loan NOW streamlines workflows and automates business processes with Customer Relationship Manager (CRM) Software. The system automatically assigns timelines and tasks based on predetermined business rules. These business rules are the key to the system timelines and are set up by way of customization services provided at the time Loan NOW is implemented. Processors receive task alerts and notifications to assure the fastest possible closing of each loan originated. When a task falls behind, alerts are sent via e-mail to the responsible party and their manager. Integrated Vendors List Loan NOW ’s Vendor management system enables for any loan services provider to become part of your customized integrated list. This list is consistent across all channels of your organization, enabling only those vendors pre-approved for servicing loans your Agents originate. To add vendors to your system simply e-mail your Senior Account Manager or Customer Experience Associate. In about 48 hours, your drop-down list is updated and the contact information and icons are in place for instant connection. Complete Outsourced Processing Loan NOW outsourced processing services are available for most areas when State licensing is not secured. This service enables organizations to Banker the deals and let Loan NOW handle the processing, enabling growth into States otherwise off-limits Credit Pulls Pulling credit within Loan NOW is another customizable feature. Pre-determined rates and bureaus are set up and consistently offered throughout your organization. To learn more about pulling credit and the decision tools offered within Loan NOW , see Loan Conversion Resources. |