VisionCore // solutions

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• Mortgage Solutions

  Loan Submission & Locking
  The loan submission process is made as seamless as possible with the VisionCore Originator and Underwriter. Pricing information is maintained real time to support lock-or-float decision-making. When the decision to lock is made, the solution ensures brokers and account executives obtain the terms needed to remain competitive, and retain prospective borrowers.
  
  With product, pricing and lock functionality handled automatically, business units such as secondary marketing can focus on higher level strategies, and become an even greater value to the organization.
  
  Whether you're looking for a full loan underwriter and locking tool or just an online loan submission tool, our suite of products can meet your needs.
  
  Product Shopping & Pricing
  Eliminate the need to check separate systems for different types of loans; the Loan Pricer facilitates rate and term shopping with the greatest ease, searching all prominent wholesale, correspondent, and retail lending channels.

  To empower your AEs with the competitive edge in a tightening economy, they'll need a complete, easily navigable view of available products. With product knowledge and prequalification at hand, you can anticipate higher pull through and (returning) customer loyalty. Beyond retention, AEs will be highly informed with a detailed underwriter response should cross- or up-sell opportunities arise. Reduced customer service and servicing issues, better standing with compliance authorities, and added referral business are just some of benefits arising from better informed loan officers.
  
  An intuitive interface keeps ab initio training costs to a minimum and the consistent look and feel across first and second trust deed product lines means cross-training expenses are contained. The Underwriter and Originator elements complement the Loan Pricer in both appearance and functionality.

  Data Import, Rate Sheet, and Cap/Floor Utilities are included with the Loan Pricer, allowing minimal time on tedious system maintenance and more time for valuable analysis, research, prospecting and monitoring.

  Collateral Assessment and Risk Management
  Through our partnership with CoreLogic, VisionCore offers 14 automated valuation models as part of our Originator product. Many competing products leave 3rd party information aside, creating adjunct administration expenses, not to mention an occasional disconnect between loan officers and processors. Not only does the gap close with the Originator and Underwriter, but property information is reported so exhaustively, your underwriting and processing teams will never want to go back to anything less.
  
  Some of the key features in the AVM package include:

  Comp Property Analysis
  Comp Sales Analysis
  Assessor Information

  By itself, the AVM is an industry-leading collateral assessment tool. That it is plug-and-play component in VisionCore's suite, the case for our solution is made even stronger.
  
  Online Prequalification
  Any time the housing market heats up, the support of prequalification becomes paramount. With prequal capabilties, the Originator can securely lock in your customer – especially when interest rates are climbing. After submission, the loan officer can use the prequal response to tell at a glance what products and terms are available to the borrower. The accurate prequal results ensure your pull through to a closed loan is as high as possible.
  
  Credit Management
  While many mortgage systems present the basic data from Experian, TransUnion and Equifax, few can match the Originator's clarity and completeness. With such an exhaustive profile of your borrowers, loan servicing will be as predictable as possible. Regardless of your prime or subprime lending pattern, the best possible risk management will pay dividends down the road.
  
  With superior risk management, wholesale channels will appreciate your business all the more. Relationships with your business partners will become more valuable and, in some cases, special pricing and/or incentives may be available.
  
  Real Estate Data
  Data Management
  Online Product Delivery
  
  Technology
  Application Frameworks
  Data Architecture
  
  Other
  Custom Solutions