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 run credit reports, collect a credit card deposit and offer the application in English or Spanish.

PCLender incorporates the option to complete an inexpensive single bureau credit report to increase the accuracy of applications or to import a tri-merge report with credit score and liabilities to support an underwriting response from Freddie Mac's Loan Prospector. Automated underwriting findings may be issued directly to the applicant along with fees estimates, 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.