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Electronic Transfer Of The Loan Documents From The Client's Offices

Date Published: 07th July 2008
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A Compelling Feature Of The Application Is Mortgage Delivery, Which Allows Mortgage Lenders To Create Customized Loan Packages And Index Information Required. The Solution Offers A Script That Supports The Electronic Transfer Of The Loan Documents From The Client's Different Offices Within Usa.

Features
→Application Integrating Real Estate Management, Brokerage and Mortgage Services
→Hierarchy Structure for Sales Team
→Commission disbursed on basis of hierarchy
→Online Commission Module
→Secured Agent Login
→Online 1003 Application
→Online Application Status checking via secure login for customers
→Leads Auto-assign engine
→Roles and Privileges Management
→Provides auditing and tracking capabilities to demonstrate regulatory compliance and process integrity


Benefits
→Capability to handle over 12000 concurrent users.
→Allows reallocation of full time employees, saving about $90,000 annually
→Reduces processing time for underwriting, claims and customer service
→Net savings of $60,000 in year one, estimated to increase to $1,50,000 in year two
→Reduces annual shipping costs by $27,000
→Reduces cycle times in turning loans over
→Faster access to documents reduces labor and improves customer service
→100% increase in speed of post-closing processes
→90% reduction in time spent looking for documents



Technology Used

ASP.NET, C#, MS SQL Server 2000


View Full Article @ http://www.gatewaytechnolabs.com
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