Servantis Systems Inc. offers a new Servantis Systems Inc. offers a new Windows-based mortgage application product that lets lenders prequalify and originate loans in the field. Installed on any IBM-compatible computer, the product enables lenders to prequalify customers, take application information, track loans, and manage contacts and scheduling. It is compatible with home office processing and closing systems, such as the company's Omni and TMO mortgage origination software.
A system upgrade, which is in the planning stage, will provide multiple interfaces with service providers, including credit bureau and loan program representatives, enabling lenders to complete and verify borrower-information on the spot.
If desired, the lender can lock in rates and points and print a good faith estimate. The system tracks all loan details, including interest rates, closing dates, and potential commissions.
Servantis designs, based in Norcross, Ga., markets and supports financial application software