What Are PowerLender’s Services & Solutions?
Our products provide lenders with unprecedented flexibility and control over their lending operation from online point-of-sale to secondary mortgage marketing. The PowerLender® Loan Origination & Processing System is business-rules based, lender refinable and allows for mortgage, consumer, commercial and construction lending in a single system. PowerLender can be rapidly deployed as a traditional client/server LOS or as a hosted online configuration (SaaS).
PowerLender helps lenders overcome the challenges that they face each day: compliance, competition, data management, loan quality, security, efficiency and productivity. PowerLender’s workflow management, data validation and customizability help lenders gain efficiencies while its seamless integrations, reporting capabilities and user-definability help lower costs. PowerLender is backed by an in-house, 24-7, Help Center with expert business, technical and compliance resources. PowerLender is marketed as RemoteLender in the Northeastern U.S.
Our PowerSeller Secondary Marketing & Risk Management System, the recognized industry leader in its field, provides lenders with a solid, secure and flexible foundation offering unprecedented transparency, clarity and focus over their secondary marketing operation. PowerSeller features pooling and commitment fulfillment, best execution analysis, pipeline valuation and exposure reporting, as well as data management and post closing tools.
PowerSeller’s key benefits to lenders include improved volume metrics, capacity utilization, execution and hedging while reducing costs and cost of ownership. PowerSeller offers premium business and technical support as well as its rapid TIC implementation system.
ASC is dedicated to helping lenders increase their efficiency, gain more control and realize more profit from their operation.
How is PowerLender Truly Unique?
Lenders today are tasked with doing more with less. More rules and regulations, changing investor guidelines, tighter underwriting standards, and the constant pressure to bring in more business, all while having less staff to accomplish stated goals. It’s clear that the requirements of lenders have significantly expanded in terms of the scope of tasks that need to be performed to be competitive and successful. These now include both lending and non-traditional tasks that are required.
First, it goes without saying that your LOS should be able to handle mortgage loans of all kinds from all of the traditional channels. But it should also be able to handle consumer lending products such as personal loans, auto loans, equity and lines of credit, and commercial and construction lending products as well. It should use the same database and take advantage of the same security, data validation and related tools to maximize efficiency and eliminate the need for your staff to learn multiple system and infrastructures.
Your LOS should also handle doc prep and delivery as well as the traditional tasks. Most importantly, your system must have in-depth integrations with business partners to help perform these tasks. Integrations allow you to offer clients faster service, a decrease in manual input requirements and an increase in the quality of the information flowing in and out of their LOS. Simply put, the right LOS integration makes your operation better, stronger and faster!
PowerLender is this LOS. PowerLender provides lenders with a robust, flexible, rules-based LOS that delivers an unprecedented amount of control over your lending operation. PowerLender allows multiple loans programs from a single database as well as offering multiple integrations with third-party providers. Teamed with its data validation, security, doc delivery and point-of-sale features, PowerLender is the solid foundation that leading lenders reply upon to build their futures.
How Does PowerLender Add Value?
Today your technology solution must reach beyond the traditional definition of an LOS to add significant value to your organization by delivering:
- Consumer facing web portal for quick, secure applications with real-time status updates to the borrower
- Dynamic point-of-sale functionality
- Secure document delivery
- Secure messaging
- Document Preparation
- Custom documents & letters
- Mortgage processing
- Consumer processing
- HELOC processing
- Construction Loan Processing
- Integration with banks business partners
- Ability to quickly and compliantly respond to rule changes
To effectively respond to the challenging lending environment that lenders are faced with today, lenders to turn to PowerLender to answer the call. PowerLender is one of the industry’s only dynamic LOSs that can handle consumer, commercial and mortgage loans all within a single solution, saving lenders significant time and money.
What’s Next for PowerLender that Lenders Should Know?
What’s next for PowerLender is an unwavering passion to constantly deliver solutions that exceed our clients’ expectations while allowing them to improve their bottom line.
Our mission is to provide computer software and support services that enable lenders to improve the volume and quality of their lending business; to streamline workflow and reduce processing costs; to enhance their overall operation and improve their overall profitability; and to better serve their borrowers and other constituents.
It is our goal to develop software products that enable users to make changes to business functionality without programming or other vendor assistance; to let lenders choose and change operating systems, databases, deployment options and the other components of their IT infrastructure; and to construct them using leading development tools.
It is also our goal is to provide customers with “Service Beyond Expectations”. Toward this end, we provide outstanding support 7 days a week, 24 hours a day under the most comprehensive support agreement in the industry, and our skilled, trained and experienced professionals are here to help every step of the way.(6016)