Tip 1: Start looking. There are a many vendors who say they are wen-based but actually require users to install software preventing “anywhere computing. In truth there are just a few true web-based loan software vendors.
Call OpenClose for loan origination, loan pricing, consumer websites and social media marketing including Facebook apps geared specifically to financial institutions. Ask about which part of our mortgage banking software solution is right for you. No need to get what you don’t need. You can use all or some of the lending solution.
Tip 2: Stop looking 😉 because there is no other vendor that offers a complete, end-to-end web-based mortgage lending solution. No one.
Why choose a single vendor? You eliminate incompatible software systems and the finger pointing that often goes with it. Secondly, you eliminate rekeying of data that often results in mistakes, and/or prolongs the approval process. With an OpenClose solution you can create inbound marketing by generating leads through social networks, capture prospect info on your website, provide an online 1003, and move the loan through origination, processing, underwriting, all the way through post closing.
Though our loan origination software is reserved for those companies doing 30 or more residential mortage loans per month, financial institutions of any size can take advantage of our social media offering or Facebook apps.