Specialized Data Systems Logo
 
203-468-3400


 

Loan Origination Software

 
Remote-Lender

RemoteLender ®

All-In-One Loan Origination System

RemoteLender® is our customizable loan origination software which encompasses all loan types within one platform from point of sale to closing. This all-in-one loan origination software uses rules based technology to provide the flexibility and configurability needed to create a system that will grow with your institution.

 

 

Loan Origination

Loan Origination Software

RemoteLender allows Loan Officers to easily qualify borrowers and capture borrower information.

Feature Description
Product Eligibility / Pricing Engine Loan Officers and designated branch personnel can qualify borrowers by entering minimal data points allowing them to quickly determine loan product eligibility and obtain the correct loan product.
Point of Sale Taking loan applications is intuitive and easy to use. Entering borrower information is real-time since RemoteLender uses one central database. Loan Officers must enter specified required fields which guarantees the loan application is completed correctly every time. Loan Officers and branch personnel can also take loan applications, order DU or LP decision, pull a credit report, check loan status, print documents and perform other loan origination functions as defined by the lender. RemoteLender supports two way interfaces with many core providers to download borrower data from the core to streamline the application process.
TRID Disclosures Using the Dynamic Document generation capability, lenders can automatically determine the series of documents to generate in order to fulfill the TRID requirements.
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY

Processing

Loan Application Software

Processors can access all interfaces to third party providers, including ordering appraisals, credit reports, flood certificates, mortgage insurance or automated underwriting systems like DU or LP, pending internal lending policies established by you.

Feature Description
Single Data Entry Single data entry minimizes error and eliminates the hassle of transferring loan level data from one stage (Origination Stage, Underwriting Stage, Closing Stage, etc.) to another.
Processor Workflow Technology Processing screens are grouped using the Staging feature. Stages can be customized for any department or process. In turn, Processors can enter and/or look up borrower information by loan type or loan plan quickly and efficiently.
Required Fields Required fields are dictated by the lender and allow lenders to customize their workflow policies and provide accurate information. In addition, our "Red Light Green Light" feature guides the user to the specific field where an error has been triggered leaving no room for errors to be made.
Automated Attachments RemoteLender automatically attaches reports and/or certificates immediately after a Processor orders a credit report, flood report, mortgage insurance, and appraisal, Desktop Underwriter® or Loan Prospector® decision.
Loan Origination Software
ORIGINATION
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY

Underwriting

Loan Software For Banks

The Underwriting Stage is designed for Underwriters to review, add or change borrower information, making file review a simple task.

Feature Description
Underwriter Workflow Technology Underwriting screens by loan type including custom rules and conditions are supported. This allows for an efficient underwriting process during the approval/denial cycle. If required, underwriting screens and rules can be customized to meet specific unique lending products.
Document Management Electronic versions of W2's, paystubs, income documents, tax returns and appraisals can be attached to the loan record with a click of the button.
Linked Records RemoteLender supports linked records which make it easier for underwriters to review multiple borrower loan records. Income and debt totals are auto-calculated into the primary loan record for easy underwriting review.
Underwriting of Self Employed Borrowers The system supports long form income reviews, guiding underwriters to specific section totals on tax returns, to make the underwriting of self-employed borrowers more straight forward, including the generation of income verification documents for agencies such as Fannie Mae and Freddie that are required for selling loans.
Automated Underwriting Status Updates The system provides automatic notification to specified parties including Loan Officers. This can be used for status updates, request for more information, documents have been reviewed, etc. These notifications can be auto-generated or sent by clicking a button on the screen to notify Loan Officers of specific steps being completed in the underwriting process.
Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY

Loan Closing

Loan Closing Software

The RemoteLender closing stage will help your Closers become more productive and simplify the closing process.

Feature Description
Closer Workflow Technology Closers access custom closing screens and work queues to manage Closing Schedules.
Built-in Form Printing Engine Closing documents can be printed with one button push directly out of RemoteLender without using a third-party doc prep service. Closing Packages can be electronically sent to Closing Attorneys and Title Companies using the RemoteDocs® Document Delivery System.
Auto Calculation of Escrows The system supports auto calculation of escrows to determine how many months can be collected at closing including producing cushion analysis.
Compliance Completeness RemoteLender automatically includes checks for HOEPA, HMDA, QM/ATR, SEC 32/35 and more.
Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY

Post Closing

Loan Software For Credit Unions

The Post Closing stage allows users to track critical outstanding documentation and generate a funding checklist that details critical documents required for funding of the loan.

Feature Description
Post-Closing Workflow Technology Users can access custom designed Post-Closing screens and work queues. Instead of using a stock checklist, Closers can track outstanding documents utilizing customized post-closing screens.
Loan Servicing Interfaces RemoteLender can upload closing information to all major core banking and servicing systems. In addition, many interfaces support a two-way interface which allow downloadable CIF information to RemoteLender when a loan is created during the Origination Stage.
Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY

Document Management

Bank Loan Software

The "Print Staging" capability allows users to print a group of documents by loan product and also select a single document for a borrower. Documents can be printed to any printer on the network and users can preview documents before printing.

Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING

INTERFACES

SECURITY

Interfaces

If you require secure transmission of closing documents to attorney or title companies, RemoteLender has a built-in interface to the RemoteDocs Secure Document Delivery System from Data-Vision. RemoteLender is configured to work with numerous e-doc delivery systems such as RemoteDocs or Guardian Documents. RESPA or Closing Documents can be securely delivered to borrowers and closing attorneys respectively. Documents can easily be sent within seconds and sensitive information is protected using leading-edge security and encryption technologies.

Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

SECURITY

Security

Password requirements, easy set-up or termination of users, secure fields, secure screens, and required fields make RemoteLender a very secure system. Screen access can be controlled by our unique "Smart Field" logic so data entry is not only efficient but limits what user can access what screen. User level access can be defined down to the screen or even field level. Maximum lending authority levels are supported. Based on your workflow and client requirements, RemoteLender can be accessed via the browser on your computer. Security measures for where and when these services can be accessed are established by your institution.

Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING
Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

CUSTOM WORK FLOW

Loan Origination Software
ORIGINATION
Loan Application Software
PROCESSING
Loan Software For Banks
UNDERWRITING
Loan Closing Software
CLOSING
Loan Software For Credit Unions
POST CLOSING

INTEGRATED FUNCTIONALITY

Bank Loan Software
DOCUMENT
MANAGEMENT

INTERFACES

SECURITY



We Can Help You With ...


 
awards
Connecticut Innovation Summit Tech Company To Watch
Tech Company To Watch:
2010, 2011, 2012, 2013, 2014, 2015
- Connecticut Technology Council
Best Banking Technology Company
Best Banking Technology Company:
2013, 2014, 2015
- Bankers & Tradesman Magazine
Innovative Lender Awarded To Torrington Savings Bank By Mortgage Technology Magazine
Innovative Lender: 2010
Awarded to Torrington Savings Bank
using RemoteLender
- Mortgage Technology Magazine
Innovations 2015 Award Winner for RemoteComply Risk Management Suite
Innovations 2015 Award Winner for
RemoteComply Risk Management Suite
- Progress in Lending Association
317 Foxon Road
Suite 3B
East Haven, CT 06513
203-468-3400
Member Associations
American Bankers Association Logo
Connecticut Bankers Association logo
Connecticut Mortgage Bankers Association Logo
Connecticut Technology Council Logo