Mortgage Origination
BancTec mortgage origination & processing services provide 24-hour access to product searches, quotations and illustrations, on-line application forms, automated document production, status tracking facilities and statistical reports. A multi-channel service, the web based tools can also be accessed by remote devices such as laptops, digital notepads and PDA’s running wireless networks to allow sales reps to perform the lending process at remote locations or at the client’s premises.
The BancTec processing technology is in use throughout the mortgage marketplace to automate manual repetitive processes and improve speed and cost to the mortgage offer. BancTec can also provide individual components to enhance an existing loan process. The service is completely flexible and can be simply and easily tailored to enable:
- Straight through processing for specific mortgage types.
- Produce FSA compliant documents and KFI’s.
- Accurately source products including sub-prime.
- Track cases, automate escalation and task allocation.
