|
Avista Agile™ Wholesale 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 brokers.
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 brokers 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 broker
- Closing Calendar multi-level view with ability to approve closing and funding
requests which provides immediate status of closing to brokers
- View and print online closing fee sheet
- Underwriting templates with default conditions with the ability for underwriters to set-up
loan specific conditions
- 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 (Broker, 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 broker, state or
lender specific fees
- Simple administration for rules based product setup and
maintenance including price adjustments by product
BROKER 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® and/or
LP® as well as credit, flood and
appraisal vendors
- View and print credit reports, AU findings and full 1003 from the
Pipeline
- Online loan registration and rate lock with immediate confirmation
- Generate and print GFE and TIL
- Schedule a closing and submit closing fee sheet
- Easy access to lender's product descriptions and manual
- Immediate access to lender's updated rates and pricing
- View and print lender's underwriting approval with all 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. |