A good workflow system helps streamline processes and ensure none of the critical steps in the sequence are missed.
In the loan servicing business, workflow management automates the front-end and back-end tasks, including originations, restructuring, workout, foreclosure, repo, audit control, and bankruptcy. When these tasks are treated independently, they are time-consuming and prone to human error.
The Nortridge Loan System features customizable origination workflow that will steer your loan application submission, credit approval, verification, and funding processes. 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 be easily customized to meet your origination requirements.
- Automation of front-end and back-end tasks
- Rules-based workflow defined in the graphical user interface
- Audit control