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Instant Borrower Access to Your Products and Pricing

As a result of the Borrower Portal sharing the architecture of the Loan Origination System, supplying your borrowers with instant product and pricing eligibility around the clock is not only possible, it's instantly actionable. Imagine providing your prospective borrowers with an instant rate quote based on your products and pricing and then instantly enabling them to proceed with the loan application and lock the rate. You don't need to imagine any longer.

Create a unique product and pricing offering for your online origination effort or create a privately branded POS for each of your loan originators. LendGenuity.com Borrower Portal

Create a unique product and pricing offering for your online origination effort or create a privately branded POS for each of your loan originators. The Borrower Portal enables Loan Originators to focus on originating more loans while providing Loan Processors and Borrowers with collective, streamlined tasks.

Once a set of deal data questions used to determine core eligibility have been answered by the borrower, the Decision Engine will return all of the products for which the borrower may be eligible. Users have the ability to increase or decrease the interest rate using a slider which directly impacts pricing. The higher the borrower increases the rate, the higher the Lender Credit adjusts. Conversely, the lower the rate, potentially the higher the Discount Fee charged to the borrower at closing. So much information at your borrower's fingertips is not only empowering to the borrower but also enables your Loan Originators to focus on driving more production to their personalized instance of the Borrower Portal. Everyone wins.

Online Application

Once the borrower has reviewed all of the eligible loan offers, selected a product and rate, the next step is setting up user credentials and starting the loan application. The loan application is designed to be highly intuitive, only enabling questions applicable to the type of loan requested by the borrower.

Borrowers can complete the loan application either on their own or with the assistance of a Loan Originator or Loan Assistant. The application is available via desktop or mobile and could not be easier to complete. LendGenuity.com Borrower Portal

Borrowers can complete the loan application either on their own or with the assistance of a Loan Originator or Loan Assistant. The application is available via desktop or mobile and could not be easier to complete.

No more incomplete loan applications. Each page is run through the engine for validation. If a required data point is skipped over, the system will alert and require the user to provide it. Most borrower and co-borrowers complete the loan application in less than 15 minutes. The process is streamlined and designed to make the user experience as satisfactory as possible. Your borrowers will love being in control.

Integrated Web Services to Make the Process Simple!

Depending on the configuration, borrowers may have instant access to pulling credit, running income, employment and asset verification services (D1C), each of which is provided to the configured Decision Engine (LendGenuity, Desktop Underwriter, and/or Loan Prospector) for the purpose of providing the borrower with an instant credit decision. You might be surprised to learn how many borrowers enjoy completing these steps entirely on their own, but in case they need assistance, Loan Originators may always join the borrower via a co-browse session.

Application is complete, credit is pulled, income, employment and assets have all been fully verified electronically, and the loan is approved and registered. LendGenuity.com Borrower Portal

Application is complete, credit is pulled, income, employment and assets have all been fully verified electronically, and the loan is approved and registered. The Loan Originator, after putting a birdie on the 9th hole just got a text to call the borrower for a quick phone interview. It's going to be a good day!

Once the loan is register by the borrower in the Borrower Portal, it is also simultaneously Registered in the Loan Origination System. The tasks subsequent to the loan registration are designed to guide not only the borrower through the process but also completely guide the Loan Originator and Loan Processor. While access is completely configurable, it is not uncommon that Loan Originators and Loan Processors use only the Borrower Portal to originate loans. It's really that simple and Originators love it.

Borrower Tasks

Once the Loan Application milestone is complete, users are directed to the Loan Processing tasks. Borrowers will access this set of tasks to e-sign their Initial Disclosures, order and pay for their Appraisal, as well as upload any required documentation needed for underwriting the loan, set a target closing date, and elect to lock in their interest rate or float.

While many borrowers like to perform these tasks alone, most Loan Originators will set up a co-browse session to explain the Initial Loan Disclosures to the borrower, particularly the Loan Estimate. The co-browse functionality is a game-changer for Loan Originators. LendGenuity.com Borrower Portal

While many borrowers like to perform these tasks alone, most Loan Originators will set up a co-browse session to explain the Initial Loan Disclosures to the borrower, particularly the Loan Estimate. The co-browse functionality is a game-changer for Loan Originators.

All of the auto-fire loan conditions designed for the Borrower Portal that come from the Decision Engine are unique to the Borrower Portal. This unique feature enables a Lender to write conditions allocated for the Borrower Portal in a very user-friendly manner. Additionally, when an Underwriter is adding a condition to a loan that is being originated via the Borrower Portal, they are required to allocate to the condition to either the Borrower Portal (POS) or the Loan Origination System (LOS) in the Underwriter Tracking Page. This enables the Underwriter to word conditions routed for the POS in a very borrower-friendly manner while also enabling them to direct other more industry-specific conditions to other parties via the LOS.

E-Closing is Here!

This is the icing on the cake in terms of the origination experience via the Borrower Portal. Borrowers gain access to their preliminary closing documents moments after the Closing Disclosure is issued. Once all of the details are finalized, Borrowers have the capability of e-signing all of the documents (depending on jurisdiction) required to close their transaction making the final step in the process fast, efficient and simple.

No more rushing to get to the Title Company to close the transaction in person. Borrowers have the ability to login from anywhere, show proper identification and close their transaction on the spot. They can even close their loan on their smart phone! LendGenuity.com Borrower Portal

No more rushing to get to the Title Company to close the transaction in person. Borrowers have the ability to login from anywhere, show proper identification and close their transaction on the spot. They can even close their loan on their smart phone!

Deliver a closed loan in seconds! No more waiting on physical papers to be shipped back to your Post Closing Department for processing and delivery. Saving time means saving money.

Products

Highlights

Whether you are running a Call Center or a Retail Branch model, the LendGenuity Borrower Portal (POS) will forever simplify the way your Borrowers, Originators and Loan Processors experience mortgage origination.

Completely customize the products you wish to offer via the Borrower Portal as well as customize the pricing. Automation reduces the cost per loan which enables you to potentially lower margins and offer borrowers a more compelling financing offer. Compete for online business like never before.