3 Loan Management Software Features for Improving Borrower Experience

Loan Origination Software | Mortgage Document Imaging

It isn’t easy being a borrower. If a client is in need of a loan, this usually means the borrower is getting ready for a major life event. Whether they’re buying a home or attending college, they likely have a lot on their plate. To make the borrowing experience easier, there are three loan management software features that can improve this experience. Learn about them by reading on.

The first loan management software feature for improving borrower experience is loan origination capabilities. With this feature, you can support the back end of the application process. This means you can create different types of loans based on different combinations of payment options, interest rates and services fees. Not all borrowers are the same. As a matter of fact, each and every client is different. Their needs vary, their forms of payment are different and their loans are for different amounts. With loan origination capabilities, the loan management software you use will make the borrower’s experience easier, as well as your own.

The second important loan management feature is client management. This feature allows users to create complete credit checks. You can also assess the viability of potential borrowers through this client management feature. Learn all you need to know about your specific borrowers and clients, while also managing your client database with the client management software feature.

The final loan management software feature that can improve borrower experience is an analytics dashboard. This feature highlights the key metrics that you are monitoring and converts them into easy-to-read charts or graphs. View your data as easily as possible to make your job simple and your borrower’s experience as easy as can be.

Now that you know what to look for in your loan management software, you can seek software from ATLOS. Here at ATLOS, we offer remarkable paperless loan software that will make your job, as well as the borrower experience, easier. See what we have to offer, give us a call at 225-308-8843. We look forward to hearing from you soon!