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Increase
your company's origination channels with exposure to media
print, Internet, and personal digital assistant (PDA) Lender
listings. With PCApproval online services, Lenders control
what services they offer and the frequency that data is updated.
Simple tools designed for your Administrator are accessed
with a secure login name and password and provide accurate
and timely data to and from your customers.
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Rates |
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Rates
may be entered by your designated Lender contact
24
hours a day seven days a week and for better product
disclosure Lenders may elect to support one, three
and five year fixed period ARMs. Additionally,
your Lender home page may be hyper linked to
Publishers
online listings to allow borrowers quick access to
your existing web site. This online service provides
borrowers simple access to your company's information
when they are ready for home financing.
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Application
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Applications
completed by customers allow multiple borrowers,
income
types, assets, and liabilities. Once the data is
submitted online to your company an encrypted
PDF application
(1003) is automatically e-mailed to the applicant
and directly to your designated contact. Once
received
mobile phone or pager notifications will
alert your designated company contact of the inquiry.
Additionally,
data is sent in Fannie Mae DU/DO file format ready
for importing into most loan origination systems.
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Origination |
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Decrease
loan origination expenses up to 75% with automated
loan screening and disclosure services. Information
gathered from applicants is credit screened and
put through fraud detection services. Once
pre-qualified the application and up front disclosures
are e-mailed
to the applicant via a secured PDF file. For the
highest level of accuracy disclosures are created
based on
your companies fees and may be customized by loan
type, property type, transaction type, occupancy,
and property location.
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Rates |
Application |
Origination |
| Sign
Up Now |
Sign
Up Now |
Sign
Up Now |
Newspaper
Placement |
| Rates
displayed on web site |
X |
X |
X |
| Rates
displayed in Sunday publication |
X |
X |
X |
| Usage
Statistics |
X |
X |
X |
| Hyperlink
available from publication web site (optional) |
X |
X |
X |
| Premium
Placement (optional) |
X |
X |
X |
| Data
Collection Options |
| Collect
borrower information |
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X |
X |
| Produce
1003 documents |
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X |
X |
| Credit
reports produced |
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X |
| Data
Processing Options |
Product
guideline screening |
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X |
Automated
disclosure generation |
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X |
Seamless
vendor interfaces |
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X |
Application
processing system |
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X |
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