WEB-BASED – 100% ONLINE SYSTEM
Eliminates costly expenses for securing and maintaining servers and VPNs. Access complete loan files anytime, anywhere in the world with the use of a PDA, Cellular Phone, Lap Top, or PC Internet Access.
1003POWER provides the most advanced security available, so neither you, nor your company, ever have to worry about constantly buying expensive upgrades or dealing with the stress and "what-if" of maintaining your own servers.
- Eliminates paper files, searching for documents, faxing back and forth.
- All documents are available in one secure place accessible from a laptop or desktop, PDA or mobile phone.
- File Control - users can upload loan documents to an electronic file on their computer for easy reference and access.
- Multiple viewers- Mortgage brokers and clients can access the documents with a high level of security. No need for copying and sending documents, or scheduling meetings in the office. Brokers can work anytime from any location and always have access to needed documents. Clients can review their application process online at any time.
INDIVIDUAL SECURE LICENSE KEYS/LOGIN
1003POWER provides security to each license key. It is administered by the mortgage broker who assigns different levels of security to limit access to their company files and/or closed loans.
24/7 BORROWER LOGIN WITH BROKER CONTROLLED DATA
The borrower receives a username and password to view certain broker-selected loan documents and a conversation log. The information that the broker allows the borrower to view is available online at all times.
MULTIPLE VIEWER ACCESS
From anywhere in the world, discussing issues with loan officers and processors has reached a new level of ease, surpassing your current software. Brokers, lenders and borrowers can view the same file at any time from different locations, eliminating the communication problems associated with today’s tools.
Find information on credit reports and other loan documents in one place on the Loan Information Page (also known as the Borrowers Information or Borrowers Summary page), which includes detailed information to determine loan approval without having to refer to your 1008,1003 or Credit Report. Keep your files organized by viewing your Loan Status, Loan Documents and Conversation Log from 1003Power Loan Information Screen.
AUTOMATED DATA TRANSFER
Create 2nd mortgages with the ease and speed you would never get from software. All information from your first mortgage file will automatically transfer to your second file and vice versa , eliminating unnecessary mistakes and lost man-hours.