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| "NLS – now equipped with a robust and flexible origination module – gives you a better way to manage your loan application pipeline and the entire lifespan of your loans." |
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Loan Servicing with Nortridge |
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| Automotive Lending |
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| Easily manage the entire lifecycle of your vehicle portfolio while closing more loans in less time. |
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| Why have separate systems to manage your loan origination process and your loan servicing operations? NLS – now equipped with a robust and flexible origination module – gives you a better way to manage your loan application pipeline and the entire lifespan of your loans. You can close more loans in less time. |
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| Finally, there's one system to do it all, from origination to servicing, and even collections and repo. |
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| Key Features and Benefits |
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Completely configurable loan origination components, depending on the needs of your business. You choose what fees to account for. Only those fees that are related to your business such as document preparation, DMV, forced place insurance, GPS or other fees need to be accounted for in the total purchase price. |
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Enter borrower or co-borrower information only one time. If the application gets approved, all contact information automatically flows into the loan management system as well as any references and employer information Track application status (approvals / pending/denials) easily. Denial (with reason) and approval letters can be sent automatically to loan applicants. |
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Ensure verification of key data points such as address, employment, income level, bank information and references via our workflow checklist. Our pull-down list of variables to check can easily be customized to meet your origination requirements. |
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Easily check on a list of loan award stipulations that are important to you. This can include anything from a valid driver’s license to certain credit score levels to bankruptcy history. |
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For indirect lenders, the NLS system can generate dealer payment checks after reserves and special withholdings have been deducted. Reserves and special withholdings can be set up and amortized as part of the origination process. GAP protection plans, warranties, GPS systems and other fees can be tracked. |
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Easily add new loan programs to your portfolio, without the headaches of additional programming |
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| Nortridge Software, LLC | 2 South Pointe, Suite 250 | Lake Forest, California 92630 | (800) 993-6227 | sales@nortridge.com |
| Copyright © 2001 - 2010 |
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