Input Form Builder

Automated Document Processing in Mortgage Space

Mortgage lenders receive multiple identity and income verification documents along with different forms from loan applicants in a variety of formats and styles. Hundreds of documents are generated for each loan application. To over come this issue and reduce the paper usage, lenders should automate their document processing. Automated Document Processing allows organizations to reduce…

Encompass 360 Setting Sync Tool

Use of Application Programming Interface (API) in Mortgage Industry

    Mortgage industry has started embracing API technology. The basic for a successful digital lending strategy is having the appropriate technological infrastructure. Banks and other lending institutions provide APIs to make it easier for consumers to explore their loan options. Let’s know about API and its benefits in mortgage industry.    Application Programming Interface…

Loan Processing System Automation

Benefits of Loan Processing System Automation

  Traditional mortgage lending is a complicated, time-intensive, and paper-heavy process. At a time when consumers expect faster and more streamlined digital lending experiences, traditional processes may no longer cut it. In recent times, many lenders have started the process of automating the loan processing system.  Loan processing system automation benefits both lenders and consumers…

BI Dashboards for Mortgage Industry

Business Intelligence (BI) Dashboards for Mortgage Industry

Faster and better data driven lending decisions requires timely and accurate information right at the fingertips of LOs and Lenders. Critical business decisions backed by real time data driven approach always prove to be more accurate and effective in the long run. Essential features of a BI dashboards for Mortgage Industry Advantages of BI dashboards…