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Avista Agile™ Correspondent is a private labeled, fully secure
comprehensive web solution for wholesale lenders. Our proven
technology is designed to streamline the process, increase loan
production, reduce operating costs, improve customer service and
increase profits for both you and your correspondents.
BENEFITS TO THE LENDER
- A private labeled, secure web solution in production in less than 45 days
- Website support provided by a staff with mortgage and technical expertise
- Reports to monitor website activity as well as transaction volume by broker
- Electronically approve correspondents for access to the website
- A simple administrative interface that allows content management
for product descriptions, rates, staff contact information, FAQs, etc.
LENDER FUNCTIONALITY
- Export 1003 data in DU 3.0 or 3.2 format – eliminates re-keying of data
- Pipeline view of all loans with loan-level access to the 1003 data set, loan status, closing request, credit report, AU finding(s), and flood certification
- Submission of data to DU® or LP®
- Pipeline search and view by correspondent
- Closing Calendar multi-level view to provide immediate status of closing to correspondents
- Easy to use administration for secondary staff to update rates and pricing by channel
- Secondary staff receives immediate notification of locks and registrations
- Automatic e-mail notification of events
- Flexible user rights management and views based on lender defined user roles (Correspondent, LO, etc)
- Approve and set-up administrative users for content updates, pipeline management, and loan registration and rate lock review
- Administrative interface for TIL and GFE with defaults by correspondent, state, or lender specific fees
- Simple administration for rules based product setup and maintenance including price adjustments and SRPs by product
CORRESPONDENT FUNCTIONALITY
- Upload 1003 data to a secure environment from LOS environments in
DU 3.0 or 3.2 format.
- Validation of 1003 data providing user feedback to ensure
compliant automated underwriting submission and rate lock
- Submission of data to DU® or
LP® as well as credit, flood and
appraisal vendors
- View and print credit reports, AU findings and full 1003 from the
Pipeline
- Immediate access to lender's updated rates and pricing
- Online loan registration and rate lock with immediate confirmation of fully adjusted price
- Generate and print GFE and TIL
- Easy access to lender's product descriptions and manual
- View and print lender's underwriting approval with AU and lender specific conditions
Avista Solutions staff combines years of mortgage experience with
in depth technology expertise. For a demonstration, give us a call at
(803) 788-4936. |
