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Mortgage Banker Solutions Mortgage bankers are serious about adopting Fortune 500 business management and risk mitigation practices. Executing quality lending processes Requires that bankers focus on best business practices from an enterprise vantage point. From origination to post-closing, bankers have a renewed appreciation for individual loan compliance and profitability. For many bankers, owning an enterprise technology infrastructure creates an unnecessary cost burden and distracts their focus from quality lending. PCLender understands that mortgage bankers need to adapt to efficient and accurate systems. This is evident now more than ever, with competitive pressures requiring reduced costs, higher levels of service, and stringent quality and compliance controls. More than anything, mortgage bankers need to simplify infrastructure in order to focus on lending strategies. That is why PCLender built and continues to develop the most powerful, secure, comprehensive, and cost-effective enterprise mortgage lending platform in the industry. It is also why we created a suite of practical solutions to operate seamlessly in a completely Web-based environment. Our solutions provide an unprecedented level of communication and management across the entire complex, multifaceted mortgage banking process. Our services are anchored by our InHouse Mortgage enterprise lending system, which enables mortgage bankers to monitor and manage what matters most. Delivered via SaaS, InHouse Mortgage is hosted and managed by PCLender's mortgage technology experts. Eliminating software ownership and related costs, implementation nightmares, and security concerns in favor of a common-sense "pay for what you use" approach is the future of mortgage business software. PCLender's solutions and services provide mortgage bankers with the following benefits: Speedy implementation: Our thirty-day implementation saves companies thousands of dollars in staff expense up front and delivers immediate return on investment. Variable cost: Since ongoing maintenance fees are based on closed units, if the volume of closed units goes down, lenders will not be over invested in technology. Scalability: When volume increases, lenders can substantially increase the number of employees and branches without additional technology investments or changes in the business process. Total solution: We provide a "life of the loan" solution with best business practices and compliance integrated at every step. Through tables professionally managed by PCLender, mortgage bankers are provided templates for fees, print forms, and status items to create efficiencies with standardized processes for originators, processors, underwriters, closers, secondary departments, and compliance users. These templates can be easily modified to meet your individual needs. Centralized database: PCLender's InHouse Mortgage includes a centralized system database that permits management reporting to accurately track new and historical business results. We typically co-manage tables and business rules with you, depending on your specific needs and available resources. Integrated reporting: More than thirty-five standard reports are available to track your business from inquiry through processing and secondary marketing to post closing. Using an enterprise data repository, you can track loan generation and processing in granular detail. This detail includes any missing items or data, and can identify "revenue leaks," leading to greater staff accountability. Data can be integrated into servicing, hedging, bulk sales, and accounting with a simple two-step process, or can be fully automated through Web services. Secondary marketing capabilities: PCLender allows mortgage bankers to link daily rate sheets or live investor feeds directly to the loan program table. Locks are managed within the mortgage lending software system to accurately track the cost of funds, delivery deadlines, and transaction fees associated with loan delivery. Warehouse lending tools automatically calculate and track maximum advances. Loans can be fully reconciled within the application, and loan level profitability can be reported by product type, origination source, investor, and more. Click here to request assessment for the PCLender mortgage banking enterprise lending software solution.
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