loan origination and processing software built for a more
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Your virtual corporate office in the cloud.TM
Loan origination and processing software built for a more competitive, compliance-driven marketplace.
Take full control of your mortgage business and close more deals in less time with greater accuracy. Centralize all your workflows and communications into one powerful platform, accessible anytime, anywhere. VCO Lend provides the ultimate collabora-tive loan origination and processing environment for teams spread across the hall or across the globe!
Every feature in VCO Lend was developed by mortgage bankers in the real world laboratory of a successful mortgage banking operation. This practical insight and depth of mortgage expertise is at the core of this thoroughbred’s DNA. VCO Lend is the customizable, scalable, secure, and easy-to-use loan origination and processing software solution for mortgage offices that have outgrown off-the-shelf loan origination software products.
Sophisticated Workflow Management for the Full Loan Life Cycle
VCO Lend manages every stage of your production. Cultivate leads, empower sales staff with selling tools, prequalify applicants, effortlessly engage processing, underwriting, and funding, and then pass the file securely to secondary, shipping and servicing, each with custom private interfaces, all within a single system.
Information Exchange At the core of VCO Lend’s powerful collaboration software is an interactive needs list. Underwriters and processors can stip a file quickly and easily using our rules-based stip default function. Line items have a dedicated conversation log, classification field, PTD flag, underwriter-only signoff flag, action date fields and assigned assistant indicators. Upon approval, an underwriter can click a “queue” button which in turn assigns each line item stip to various staff members who become responsible for satisfying each particular condition. Stip turn times are tracked and viewable through real-time production reports, ensuring accountability and a sense of urgency.
Task Queuing and File Assignment A sophisticated task queuing system triggered by progress updates maximizes the paperless environment, break-ing down conventional workflows, effectively parsing work detail through-out the loan cycle, and ensuring “load balanced” pipeline management. VCO Lend manages work detail assignment with the queuing interface, a hub that stacks queued files and enables ops staff to feed off the top of their corresponding stack. File assignment and action events are time stamped, revealing turn time metrics for ops staff, which can be used to derive bonus calculations.
Status-Driven Rules VCO Lend organizes pipelines with four loan stages: Open, Submitted, Closed and Canceled. Within each stage, users further define file progression with a number of statuses. Statuses belong within a stage, are selected by users, and trigger controls such as notifications, task queuing, data locks, file assignment, etc. Clients can customize their workflow by adding select statuses with associated control events.
Key Benefits • Provides peace of mind knowing your loan files are
complete, secure and compliant• Improve efficiency across your entire operation• Improve turn times from application to funding to sale• Increase productivity for sales and processing• Close more deals in less time• Get real-time visibility into your sales, operations and staff• Reduce delivery time to secondary market• Give your business a competitive edge and your staff
something to rave about!
Visit our website at www.MortgageVCO.com or call 800-605-2560 to request a demo.
MortgageVCO by Acris Technology | www.MortgageVCO.com | 800-605-2560 | 23046 Ave De Carlota Suite #600, Laguna Hills, CA 92653
Full Regulatory ComplianceCentralized singular data management with export utility assures accurate compliance and reporting. Manage and produce exportable call report (MCR) and GSE Uniform Delivery Data (ULDD) files. Produce pre-disclosures quickly and confidently.
Easy to UseVCO Lend uses business rules to help guide your staff through the complex loan process ensuring compliant files. A logical and intuitive interface facilitates quick, easy adoption by all levels of personnel.
Secondary Marketing Facilitate and manage rate locks, pricing, and commissions. Create and manage bulk sale deliveries. Allocate and manage warehouse resources, track shipping items, interim servicing and loan purchase details.
Performance Reporting & Incentives • Track Sales, Broker and Operations performance• Set employee goals and track them, displayed real time, correlating bonuses with desired performance• Measure customer satisfaction with automatic scorecards and customer surveys• Reward sales performance with retro-bonuses and lead distribution privileges• Incentivize for the right behavior
Built for CollaborationNetwork branches, corporate staff and end users with personal pipeline summaries and proprietary file queuing technology, eliminating data duplication and disparate systems.
Centralized Information Exchange Global loan origination needs list is centralized for loan level information exchange. Update loans and let the system automatically queue tasks to the right staff and send notifications to borrowers, brokers and others via email.
Designed for PaperlessA paperless mortgage office is only as strong as its weakest link. VCO Lend was built from the ground up as a paperless loan origination and processing software solution.
Advanced Built-in Analytics• Dashboards with key performance indicators (KPIs)• Track loan trends – summarize and drill down on loan data• Track marketing campaigns and measure ROI• Track sales and operations performance• Track turn times and pull-throughs
Your virtual corporate office in the Cloud.Mortgage VCO is an end-to-end, cloud-
based virtual corporate office suite of soft-
ware applications including paperless loan
origination and processing, virtual desktops,
digital e-signatures, IP telephony, plus a
full range of managed IT, custom software
development and consulting services for the
mortgage banking industry.
Developed by Acris Technology of
Laguna Hills, California, Mortgage VCO
was designed to reduce IT complexity and
expense, while adding instant scalability
and increased operational efficiency, vis-
ibility, regulatory compliance and control
over every aspect of a mortgage banking
office. Mortgage VCO provides everything
necessary to run a mortgage business in
the cloud.
With the most unique paperless file
collaboration and task parsing systems in
the industry, Mortgage VCO was developed
through an iterative process in the “real-
world laboratory” of a busy, successful
mortgage banking operation. Twelve-plus
years, countless hours and millions of dol-
lars went into the refinement of this platform.
Previously used privately to process over
$10 billion in funded loans, Mortgage VCO
is now available commercially to mortgage
bankers, regional and community banks,
credit unions, and any operation that wants
to radically improve their mortgage banking
processes.
For more information about Mortgage VCO
and how you can improve your bottom line
with the ultimate automation and collabora-
tion platform for mortgage bankers, call
1-800-605-2560 or email us at
© 2011 Acris Technology, LLC, All rights reserved. MortgageVCO, VCO Lend, and other VCO associated logos are registered trade- marks of Acris Technology, LLC. All other brand and product names are trademarks of their respective holders.
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Pipeline Summary screen presents the most pertinent loan data with easy access to additional functionality through the left navigation menu.