Credit Union Mortgage Software Solutions

Credit union real estate lending operations require automation that is simple to use and facilitates high levels of member service while improving compliance and reducing costs. Their unique combination of needs is best met by an enterprise system configured for best practices. Since they would prefer to minimize, if not eliminate, the need for system maintenance the best solution is a fully-hosted, web-based solution with an implementation guarantee complimented by high levels of industry expertise, independent audit/certifications and a passionate commitment to customer service.

InHouse Mortgage® is the system for credit unions that are serious about serving their members and flawlessly managing a complex process.

PCLender's solutions and services allow credit unions to overcome operational barriers to offering mortgage products. Our system offers a simplified process for fulfilling members' home loan needs, as well as the tools to meet compliance mandates set forth by regulators and HUD.

PCLender delivers InHouse Mortgage via SaaS, ensuring superior service and compliance. We offer the ten key lending technology components on a best-business-driven platform that can manage:

Marketing: Providing product, service, and credit union information to members

Point of sale: Comprehensive point-of-sale integration with Mortgagebot's PowerSite® solution. Powersite is the industry-leading, multi-channel mortgage POS platform that helps you serve borrowers better, increase application volume, improve efficiency, and maintain full regulatory compliance. PowerSite is a highly customizable, integrated point-of-sale (IPOS) platform that enables you to take secure, online mortgage applications through every mortgage channel: From your mortgage Web site, in the branch or call center; or from professional loan officers. PowerSite intelligently automates every phase of the mortgage-application process, including pricing and underwriting approval; and even provides complete, compliant disclosures-all in as little as 20 minutes. (www.Mortgagebot.com)

Loan origination: Managing loan, borrower, and property data, as well as providing general status reporting, loan calculations, and standard mortgage forms

Vendor/contact management: Managing and communicating with providers of external data such as mortgage insurance, flood determinations, appraisals, credit reports, underwriting, title reports, and fraud detection

Documents: Generating applications, upfront disclosures, business processes, and closing documents with an integrated library of more than 3,000 forms

Loan program: Handling interest rate and fee distribution along with tracking and disclosing acceptable program terms

Secondary marketing: Maintaining and reporting investor relationships, and tracking income and costs for base price, price adjustments, servicing premiums, and impounds

Centralized reporting: Summary reporting for data collected from the initial loan inquiry to post closing for all origination channels and locations. Includes lead tracking, pipeline, compliance, HMDA, secondary marketing, profitability, and employee efficiency tracking

Imaging: Capturing and managing images within an integrated process. Our tool provides a virtual file for processing that can be used for secondary marketing file delivery and file archiving

Our solutions and services provide credit unions with the following benefits:

• Speedy implementation
• Low-maintenance systems
• User efficiency training
• Total system security (physical security and network/data security)
• Compliance
• Ten-year track record of successful implementation and use

CUSO benefits include:

• Private-label online applications for participating credit unions
• Setup and management of custom fees, programs, and disclosures for each credit union
• Access to tools and loan status for participating credit unions' pipelines

Click here to request assessment for the PCLender credit union and CUSO mortgage lending software solution.