Lender Toolkit: Optimizing Loan Performance
Leveraging Lender Toolkit's advanced solutions to drive profitability and efficiency in mortgage lending.
Impact of Lender Toolkit: A case study by Vice Capital Markets
Lock Extension Fees
Industry: 12.5 basis points for 5-day extension
Our Impact: Reduced extensions by 5%
Loan Rejections
Industry: 1 rejected loan per $10MM sold
Our Impact: 50% reduction in rejected loans
Repurchases
Industry: 1 repurchased loan per 125 loans
Our Impact: Over 60% reduction in repurchases
Critical Defects
Industry: 7% defect rate
Our Impact: Reduced defect rates to 5% with less than 1% being critical
Commitment Periods
Industry: 10-day commitment periods
Our Impact: Reduced by 5+ days
Profitability Impact
$113.50
Total Spend
$226.62
Total Saved
Real-World Results: Lender Toolkit in Action
Mortgage One
"Lender Toolkit's Digital Mortgage solutions have fundamentally transformed how we do business. Our profitability has skyrocketed and our employees have never been happier."
Mark Workens - CEO, Mortgage 1
VanDyk Mortgage
"The simplest of errors cause the biggest cost…and it adds up to tens of thousands of dollars. Now we are not only able to create space for our underwriters, but we are able to prevent issues on the backside and that is the greatest savings that we've seen."
Lindsey Kuhnle - COO, VanDyk Mortgage
Post-Closing Automation & Investor Delivery: Automating Processes
MERS Automation & Digital Workflow
Digitize your entire MERS workflow including registration, transfer of service, and transfer of benefits. Our automation saves over 5 minutes per loan file while ensuring perfect accuracy.
Automated FHA UFMIP & UCD Processing
Remove the human element from your post-closing workflow through intelligent automation. Our system accurately transmits required information and handles payments and registrations automatically.
One-Hour Investor Delivery
Transform your delivery speed with automated packaging and delivery within ONE HOUR of allocation. Reduce commitment periods from 10 days to 3 days, adding thousands to your profit margin.
Error-Free Processing
Eliminate human touches entirely from your investor delivery workflow. Our automated systems programmatically assemble and deliver investor packages with perfect accuracy every time.
Prism: Streamlining Workflows
Prism is an advanced software solution designed to streamline workflows and increase efficiency across various processes within your organization. Its intuitive design and customizable features make it an invaluable tool for optimizing productivity and reducing errors in task management. By incorporating Prism into your workflow, you can ensure a seamless and error-free experience that enhances overall operational performance.
The Value of Lender Toolkit: Beyond the Numbers
Efficiency & Scalability
Lender Toolkit empowers lenders to expand into new markets and product offerings, like Non-QM, without being constrained by staffing limitations.
Employee Satisfaction & Retention
Streamlined processes and improved tools lead to increased employee satisfaction and retention, crucial for retaining top talent and maintaining production.
Lead Conversion & Pipeline Velocity
A superior customer experience, enhanced by AI-powered tools, increases borrower satisfaction and loyalty, ultimately leading to higher conversion rates.
Lender Toolkit isn't just about saving money. It's about creating a better experience for everyone involved.
With faster processing times, fewer errors, and a streamlined workflow, borrowers enjoy a smoother and more efficient lending process. This leads to increased satisfaction, better relationships, and ultimately, a stronger reputation for your business.