Are you a loan provider? Do you need to update the way that you handle loans or refinancing in the mortgage industry? If so, you can find just the software you need online. Software is available that covers all aspects of the loan management cycle.
Beginning the Loan Process
For example, you can use software today that begins the whole loan process, starting at the point of enquiry or when a borrower applies. As soon as an application is input, the software provides a credit evaluation. This is most helpful as it eliminates the need to check this information out over the phone or through more modern means online.
The credit score can be obtained and API is featured to add additional data points. When you take this approach, you can manage all your loans with streamlined ease. The software generates and executes the loan contract and includes a place to e-sign for convenience and simple storage.
By using auto-integration, this software permits an easy loan setup. You can also input and export a bank’s information for the transfer of funds and repayments. In addition, you can create statement and ledger details by just pressing a button.
The software, which is available throughcompanies such as Mutual Service, makes it possible for you to satisfy a large customer base. That is because the program also includes a communication module. Therefore, you can communicate with customers by email, by live chat, through SMS, or on an online form. All these features can easily be integrated into this type of program.
Online and Phone Support
When you can obtain this custom program through a software provider, you also are availed of online and phone support.Live supportis featured 24/7 with after-office needs handled via email. This type of technology enables your mortgage business to enjoy a low overhead. The system is both affordable and designed to generate income. In turn, you reap big rewards for your company. Moreover, the development cost for the software is shared by the clients that use the software program.
Do you want to make a difference in how you process loans? Do you want to make it easier on yourself and your clients? You can realise you goals along these lines when you choose the right technology. See for yourself what you can do to enhance your effectiveness in the mortgage field.
Do You Need to Make an Upgrade?
Sometimes, you only need to make a software upgrade. You can accomplish this goal when you work with software that enables you to do a better job. By taking this approach, you will not only gain the respect of your customers, you will open up communications too. Take a view online of what this type of software can do for you.