
When it comes to processing a mortgage successfully, timeliness and accuracy are paramount—especially in this era of more stringent regulations and stiff penalty fees. Incorporating electronic processes into your workflow can make a big difference in both the cycle time and accuracy of your loans.
Electronic business processes can save you time and money.
From origination to post-closing, eLynx business-process solutions are the first step toward a more efficient, more collaborative mortgage process. Not only can they reduce your need to print, copy, mail and file loan documents, but they also put you on a path to eMortgage.
Appraisals: Recent regulatory changes have made it more critical than ever to deliver appraisals on time. Electronic appraisal delivery can help ensure it happens.
Disclosures: Restrictions on fee collection, more stringent issuing requirements and new waiting periods could impact lenders in a big way. Electronic disclosure delivery can help you limit the impact, cut costs and stay compliant.
Loan modification: Distinguish yourself in today’s volatile market by streamlining the loan mod process for borrowers. Adjust loan terms quickly, securely, accurately and conveniently. Use electronic loan folders to manage and share loan documents securely, and capture buyer consent electronically with electronic signatures.
Post-closing: Deliver closed loans to investors or QC electronically. Export closed loans to imaging systems.