Benefits
Benefits of the LendFast Loan Origination Solution include:
- Automated loan capture and credit decisioning
- Fast time to cash
- One system, multiple loan types
- Mortgages, Personal Loans, Commercial Lending and Credit Card Applications
- Online, interactive loan capture and data validation
- Eliminates errors and rework delays
- Easy to use: Web 2.0 user experience and interactive user guidance
- Reduces training time and cost
- System-controlled origination process and workflow management
- Manages compliance and quality
- Multi-channel origination
- Branch, Mobile Lenders, Self-Service Internet, Call Centre, Document imagaing, Fax etc
- Automated Documentation and Evidentiary Document Capture
- Improved customer experience: Fast service, elimination of errors and settlement delays
- Integrated Valuations Processing
- Reduced time and cost, expedites credit decisions, ensures policy compliance
- System-Generated approval status messages and alerts: email, SMS, fax etc Enterprise System Integration Services
- Automated interfaces to all core banking, CRM and external service provider systems
