Automated Intelligence and Pre-Approval for Faster, Smarter Loan Decisions
Key Features:
- Seamless Integration with Loan Officers: The LOA Bot works alongside your Loan Officers just like another member of the team.
- Automatic Completion: The Bot automatically completes missing information in loan applications to ensure nothing slows down your pre-approval process.
- Rigorous Validation: The LOA Bot ensures all loan application details are complete, accurate, and compliant, so you can move forward with confidence.
- Comprehensive Decisioning: By applying lender-specific eligibility guidelines, including product & pricing, credit, ratios, fraud detection, and more, the LOA Bot ensures pre-approval decisions are accurate and aligned with your lending standards.
- Pre-Call Intelligence: The Bot highlights the key issues on the file impacting risk, eligibility, and approval. Information is organized to make it easy for LO to incorporate this intelligence into their sales process.
Benefits:
- Faster Processing: Speed up your sales process and get loans into the pipeline quicker, get back to borrowers faster, and get pre-approvals out immediately.
- Improved LO Effectiveness: Produce newer LOs with a list of the issues on each new loans and enable tenured LOs to have sharper discussions with borrowers based on automated analysis of the file.
- Increased Sales Productivity: The tasks automated by the LOA Bot save valuable LO and LOA time and allow LO’s to make quick decisions related to the sales pipeline that drive improved branch efficiency.
