Bankline MidAmerica Inc. has developed a loan document origination program, which generates filled-in computerized loan documents.
The program is totally integrated with Bankline's Solv bank software system for community banks, meaning customers do not have to invest in additional equipment. The program works on the same personal computers used by bank personnel.
The system provides pre-qualification processes, origination, document preparation, laser printing, tracking, and closing for all types of loans.
The program computes annual percentage rates and calculates fees, insurance premiums, and payments. It also displays and prints amortization schedules.
Bankline MidAmerica is a Lenexa, Kan.-based firm that provides operations software and processing services.
The company's primary product is Solv software, which provides community banks with computer applications for demand deposit, savings, loans, and general ledger accounts.