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PCApproved Online Mortgage Applications
PCApproved Online Application dynamically collects loan information in seven simple customer-driven screens. A borrower simply logs on to your Web site, clicks on "Apply Now," fills out a simple form with assistance from adaptive help content, and submits the application. Your company can collect a credit card deposit and offer the application in English, Spanish, or Chinese.
PCLender incorporates the option to complete an inexpensive single bureau credit report to reduce the number of fraudulent applications and to import a credit score and liabilities, or a tri-merge report to offer an underwriting response from Freddie Mac's Loan Prospector. Automated underwriting findings are issued directly to the applicant along with accurate fees, initial disclosures, and a welcome letter outlining the items required to complete loan processing. Finally, you receive notification by e-mail or pager and are provided a secure copy of the loan file by e-mail.
Key benefits include:
- Automated approval and workflow for retail applications or business-to-business relationships
- Robust rule-based system that processes submitted data against predetermined conditions and determines borrower qualification
- Ability to export via a DU 3.2 export file
- Digital assistance that can be customized for each loan officer to be contacted via pager, text messaging, or e-mail
- Multiple language options that allow you to expand your target market
Increase your business and fill your pipeline with mortgage loan application online processing capabilities from PCLender.
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