Mortgage Vendor Interface & Integration

PCLender's application offers your company a comprehensive mortgage solution, putting community lending institutions on competitive footing with large national mortgage providers.

Designed to simplify the mortgage banking process, our product includes seamless vendor links and interfaces for credit reporting, automated underwriting, appraisal, mortgage insurance, flood certifications, fraud detection, high cost analysis, HMDA data and closing documents. All of our interfaces are designed for efficiency, automatically populating screens and forms with the retrieved information. PCLender utilizes the latest technology, providing your institution with the innovative, secure and reliable service every mortgage banking professional needs.

PCLender provides our customers with the resources to successfully compete in the mortgage banking industry. We are constantly looking for ways to improve our product, updating our services as the industry changes. A primary example of this is the integration of interfaces for credit reporting, automated underwriting, flood checks and closing documents. These interfaces provide a method for acquiring information and delivering documents via the Internet. Prior to submitting information, users have the option to run detailed data checks ensuring that all required fields have been completed.

Interface highlights:

Communication
Interfaces are developed as two way communication between PCLender and the vendor reducing the number of repetitive data entry inputs.

Data Integrity
Data checks are continually updated and monitored, explaining clearly and concisely what information is incorrect or missing and how the problem can be resolved.

Results and Findings
PCLender retrieves detailed loan data that populates the system for automated workflow. This detail includes mortgage lates from credit reports, flood zones that require flood insurance, or AUS findings to ensure loan data matches submitted data.

Credit Reports
Obtain instant merge reports or full residential mortgage credit reports from numerous credit bureaus, automatically populating liabilities to appropriate screens and forms.

Automated Underwriting System
Provide users with a more efficient method of approving loans and reducing liability and data entry by seamlessly sending and retrieving data from premier AUS providers.

Appraisal Management
Users can manage approved appraiser lists, electronically process blind or double orders and import the data and images back to PCLender's LOS

Flood Check
Interfaces electronically transmit information needed to determine whether a property is located in a flood zone to appropriate vendors, allowing you to import the flood check certification form as well as HMDA census track information.

Closing Document
Document generation interfaces ensure that state and federal lending compliance requirements are met, and provide an easy method of delivering documents via the Internet to remote settlement agents.

Fraud Detection/High Cost
Leverage the unique experience in specialized areas of our vendor partners, such as fraud, property valuation and default servicing has enabled the company to develop systems and techniques designed to maximize loss mitigation and recovery efforts for lenders.

PCLender provides your institution with a direct connection to a number of vendors, significantly reducing the time it takes to acquire approval and close loans. Interface vendors are chosen after extensive research and become PCLender's strategic partners (click here for partners). Our vendor selection process allows us to deliver quality interfaces to fulfill all of your loan requirements. Data is sent directly from your screen to the appropriate vendor where it is processed, providing you with an immediate response. This exchange of data is seamless, eliminating errors commonly associated with repetitive data input. With our system, the transfer of information is simple, fast and efficient.

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