Track I/O & amortized loan payments
Based on the setting of the loan for i/o, amortization, accrual type will determine the payment calculation.
Handle late fees, charges, accrued interest
We are integrating wth a payment provider that will auto run the ach payment for loan payments and also run ACh credit to investors accordingly.
Lender/Investor Packages- Civic, Silverhill, PeerStreet, CenterStreet, Sunset Equity, Global Integrity, HouseMax, Kiavi & many more (coming soon!)
Within the lender marketplace you will find a detailed doc library for their loan apps, guidelines, broker packages, etc… In the future we will have those docs ready to auto-populate
Loan Docs- Promissory Note, Guaranty Letter, balloon rider, security instrument, HUD statement, Lien Release, Assignment of mortgage
These are examples of docs that auto-populate from the doc library. We can add additional custom docs as needed
Disclosure docs- Fee agreement, Biz purpose occupancy, MLDS, settlement agent acknowledgement, flood insurance, ACH Payment, E-Consent
These are examples of docs that auto-populate from the doc library. We can add additional custom docs as needed
Borrower docs- 4506, credit auth, pre-approval, track record, schedule of real estate, Personal financial statement & more
These are examples of docs that auto-populate from the doc library. We can add additional custom docs as needed
Custom lender/investor loan submission packages
All users can see & make detailed notes in the loan file. Every action creates system generated note history as well.
Pre-built lender-specific loan submission packages
All users can see & make detailed notes in the loan file. Every action creates system generated note history as well.
Universal Full Loan Apps- Bridge, Fix & Flip, DSCR, Construction, Portfolio, CRE, SBA
We have created various loan applications that should work universally for most lenders
Legacy 1003 & New URLA 1003
For agency loans and some private lending product like DSCR, they can utilize the legacy 1003 or new URLA 1003