System features

Electronic applications, automated decisions, credit underwriting, instant approvals and B2B links are now a reality in funding systems.

Fast

  • Automated credit decisions returned within seconds. Approvals, Referrals, Request for more information and Declines.
  • Faster loan status communication, using automated emails/SMS communication to business partners.
  • Automated loan status updates inform partners fast and reduce sales support calls.
  • LIXI compatible software speeds back channel messaging.
  • Rapid generation of loan documents, which can be automatically sent to brokers and business partners in secure PDF format.
  • Immediate access to reporting: print, save to file, fax, email, batch or real-time.

Flexible

  • Supports multiple credit types; standard/full doc, low-doc/no-doc, line of credit/Non-resident, commercial, personal loans.
  • Create and manage loan special conditions. Insert file notes, comments or questions against a loan.
    Comprehensive filtering for application searching.
  • Full audit history for each loan - who touched it and when.
  • Full history of all credit decisions performed on an application.
  • Add an unlimited number of borrowers, assets, liabilities or income sources to a loan.
  • Private labelling allowing Mortgage Managers to give the system their own look and feel.
  • Supports hierarchy structures - Group to Group, including Branches with corresponding user permissions.

Simple

  • Easy to use and understand data entry screens.
  • Consolidated views of milestone tracking and workflow management.
  • ‘Missing data’ checks for each application automates workflow.
  • Field validation for each page of the application simplifies processing.
  • Integrated mortgage calculators and simulators allow easy product evaluation.
  • Online help documentation with search functionality.
  • Application archive functionality for simple program organisation.
  • Internet connectivity allows for easy distribution and remote access.
  • No system or data security maintenance required.
  • Latest security mechanisms for encryption and easy to implement multi-level authorisation.

Integrated

  • Integrated link with Baycorp Advantage Ltd for credit reporting.
  • Integrated links with Genworth Financial and PMI Mortgage Insurance Ltd
  • Integration with SmartVal for streamlined valuation processing.
  • Integration capabilities with lender’s existing backend/legacy systems.
  • Integration capabilities with 3rd party broker groups using LIXI.
  • Integration capabilities with third party vendors – title insurers & solicitors.
  • Integrated valuation ordering.