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| "In our first
month using LendersLogic™ we had nearly 50 applications submitted.
This proves to us that consumers want to apply for a mortgage in the
comfort and privacy of their own home or office. We believe offering
instant online approval matches the culture of the web. When someone
takes the step to apply for a loan online, they want a fast response.
We can do this with LendersLogic™. And with LendersLogic™ we
can offer the same web sites to our partners as well." -- Carrie
Strube, vice president of the Credit Union Mortgage Exchange. |
Retail
Lenders |
| LendersLogic™ is
used by banks, credit unions and mortgage companies. We supply
our clients with the technology they need to offer borrowers the opportunity
to apply online and receive an instant online underwriting assessment.
Our customers then concentrate on marketing and promotion to drive
new borrowers to their web sites. |
Banks
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| Banks deploy LendersLogic™ strategically by setting up an account for the banks mortgage web site and then providing a private labeled storefront interface to each of their
subsidiaries. For example, LendersLogic™ enables
the bank to provide retail mortgage subsidiaries an instant online
mortgage approval solution that features the subsidiary's logo and contact
information. However, all rates, costs and sales management can be done from one central office. |
Credit
Unions |
| Credits Unions of all sizes use LendersLogic™ to provide their membership with a safe and secure way to apply for a mortgage online. Credit Unions find LendersLogic™ surprisingly affordable. They chose from a range of account programs tailored to meet the Credit Union business model. LendersLogic™ has proven the perfect addition to Credit Union online banking and other online services. LendersLogic is also uniquely suited for the Credit Union Service Organization.
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Mortgage Companies
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| Mortgage companies
with offices in multiple states use LendersLogic™ to provide
a customized web application interface for each state office. Clients
publish rates on a national basis while each state office has its own
private labeled loan application with the appropriate contact information
and disclosures. Clients publish closing costs on a state level. Office
sales managers have access to their own sales administrative area while
a national sales manager can view online loan activity for all offices. |
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