Loan Origination System
Avista Solutions’ Avista Agile LOS™ is an all-in-one, end-to-end, fully
secure mortgage loan origination system that fully supports retail,
consumer, wholesale, and correspondent mortgage lending. We’re 100%
web-based and do not require downloads, allowing you
to access the system anytime, anywhere.
Our mortgage loan origination system includes an administration
interface, which allows selected users to create and control
different pieces of functionality in the system. Administration
users may adjust user rights based on defined user groups (processors,
underwriters, closers, etc.) and control up to more than 50 automated
email notifications that can notify your entire staff of the various
stages a loan may be in.
The system includes a pipeline view for your loans, which allows you
to easily search loans by name, date range, loan status or loan
number and gives you quick access to the 1003, credit reports, AU
finding(s), lock confirmation, loan status and underwriting approval and
conditions. Avista Agile LOS™ has an onsite component DataMart,
which allows for real-time
data, advanced reporting and third party integrations. Post closing
functions include Funding, Collateral Tracking, Shipping, I&G, Trades
(pair off and allocation), Interim Servicing and Accounting.
To save you the hassle of rekeying data, Avista’s partner service
integrations allow
you to order credit, AU, flood zone determination, MI, appraisal,
compliance check and loan documents in just a click. And all users can
rest assured that their information is completely safe within Avista –
we’re SAS-70 Type II compliant and maintain two redundant data centers
that are also SAS-70 Type II compliant.
Our Consumer Direct Mortgage Website connects you to your borrowers
and potential borrowers, providing a website that allows consumers to
learn about your company and products, apply for a loan, utilize tools
such as payment and amortization schedule calculators and login to view
their loan’s progress. A simple administrative interface allows you to
control the content and settings on your Consumer Direct website.