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Mortgage Technol-ogy names Lend-ersLogic™ Rising Techstar of 2005 for providing "inn-ovative technolo-gy arriving on
the grand stage
of the mortgage industry."
Read the News!
Happy Home Owners
Introducing LendersLogic v3
An Improved Consumer Online Experience
As online shoppers demand better online services, LendersLogic is helping originators create a better experience for mortgage borrowers. Built in partnership with leading mortgage lenders by a company with nearly 10 years of e-commerce experience, LendersLogic was designed from the bottom up as a sales tool that can be easily implemented and used to pull applicants through the Internet channel and turn them into borrowers.

LendersLogic v3.2 instant online approval matches the instant gratification culture of the web and delivers both a credit evaluation and underwriting assessment right at the point of sale while meeting the most stringent security requirements for consumer data protection

RESPA ready for 2010, LendersLogic meets all new RESPA compliance mandates as well as the new FTC Red Flag banking requirements for consumer data protection

LendersLogic v3.2 is a managed web service that now can be set up with little or no IT department involvement

A private labeled interface with more image options and customization

One step credit evaluation and underwriting assessment with improved sales management tools, including assignment of applications to loan officers

New instant access to credit scores and underwriting assessment

Powerful new Anti-Phishing, multi-level authentication with enhanced password/pass phrase management for improved data security

Fast, easy automated electronic delivery of disclosures, GFEs, RESPA docs and approval letters

Support for many more rate programs including 3% down, 100% financing and 40 year programs

Larger selection for optional custom fields and questions to more fully match the way you conduct business

New, easily set up customized loan-officer interfaces for top producers

Powerful new rate program editor with built in APR/CPM calculator

Improved data archiving, encryption and removal of dated consumer data

LendersLogic works hard for its customers. The seamless, easy to use interface masks the complex technology supporting the solution. The secure, fast system creates a compelling online applicant experience that strengthens the borrower's loyalty to the lender. But the real story is in the proven results. LendersLogic originators are averaging an 84.99 percent "eligible" assessment.

The lure of the online approval matches the instant gratification culture of the web and helps to make LendersLogic a powerful sales tool. The wizard like application takes the consumer from prospect to approved borrower within five screens and less than 10 minutes. LendersLogic helps retail mortgage originators stop losing business to other online competitors.
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