Pay Day Loan - VueCentric Releases HomeForMyLoan Mortgage ...

Pay Day Loan -
VueCentric Releases HomeForMyLoan Mortgage ...

"The search form is very detailed, allowing you to drill down to the specific programs that will work for your customer very quickly. Since it's Web-based, like all of the VueCentric solutions, you can use it anywhere and it's extremely fast."
Sallie Mae Home Loans was the first mortgage lender to use the new tool. The company has been using it for the past 60 days.
"Loan officers input their loan criteria, FICO score, stated income, etc and it comes back with all the programs and investors that fit that criteria," said Anthony J. Fulginiti, Director of Sales for Sallie Mae Home Loans. "It's a very productive interactive search engine for our loan officers."
Loan officers can search for loan programs by any characteristic: loan type, loan-to-value ratio, documentation type, credit rating or property type. The tool can use detailed borrower credit history to refine a search, making it perfect for subprime lending. Upon completion, search form details can be changed and the search re-executed to test what-if scenarios.
Other useful search tools include filters for self-employed borrowers, HELOC loan programs and other special situations that will return only the programs that work. Once a list of suitable loan programs is returned for a borrower, a link in each program takes the loan officer to a complete documentation and requirements page specific to that