The powerful and fully featured solution software of Loan Excel has helped many reverse mortgage companies to enable them to manage their own reverse mortgage site with advanced features. The website software helps process loan requests and borrowers’ applications online and provides the best customer service. The custom made reverse mortgage software facilitates easy management of applications forms of customers. As the software is compatible with other reverse mortgage programs, it becomes easy to export the application to the program and work on them offline. As all the forms submitted by customers are quickly collected, they can be instantly tracked for online processing. Search can be made on the software to find out data based on name of applicant, type and date of application, loan type and status. The reverse mortgage borrowers can submit their application forms in PDF formats which can be saved on the computer for print. The readymade PDF forms can be quickly downloaded and filled by the borrowers.
The software developed by Loan Excel advises the consumers to make well considered decisions on reverse mortgages. The borrowers can compare reverse mortgages by projecting future benefits of various mortgage products based on the period for which the borrower will be living in that home, changes in the value of home during the period and so on. The software includes loan estimates for comparisons, loan schedule, reverse mortgage comparisons and Counseling Certificate.
Many reverse mortgage and finance professionals use Loan Excel for automation of loan origination process. The reverse mortgage mortgage software system is tailor made to meet the needs of the reverse mortgage broker, processor and loan officer. The software links the reverse mortgage system with accounting program and quickly transfers electronic data which results in 90% labor saving. The software has an easy to use interface which can be easily installed. The software incorporates the latest technology solution for all types of lenders whether they are small or medium sized. The software provides reliable and steadfast services which are unparalleled in the reverse mortgage industry, by combining the experts of finance industry and certified computer experts.
