Loan officers play a crucial role in the mortgage loan process. They are the principal point of contact for the borrower from origination to closing. They generally ensure that all documents are provided, and other conditions are met within the required time frames.
LoanSystems is a software platform that provides mortgage brokers and loan officers with tools to generate leads and manage loans. Its features include a Loan Originator Site, Online Digital Cards, Pro Marketing Materials, Metadata Interface, Loan Origination Links, Loan Referral Links, Loan Inquiry Alert, 1003 Export & Import, Loan Status Tracker, and a Loan Origination Dashboard.
The Loan Originator Site and Online Digital Cards are marketing tools that allow users to customize and display their contact information, photo, logo, and a QR Code that opens their digital card or loan originator site when scanned. The Pro Marketing Materials can be easily accessed, edited, and printed to generate leads with prospective borrowers and real estate agents.
The Loan Status Tracker is a powerful tool to stay organized and on top of all loans as they move from origination to funding. It allows loan processors to update the status of loans and 1003s, which are exportable in the MISMO® v3.4 and FNM v3.2 file formats. LoanSystems is highly responsive to client needs and aims to improve its features based on user feedback.