Unqork eBooks

Solution: Banking Loan Origination

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Today, loan origination and servicing operations are riddled with manual, paper-based processes that are resource- intensive and drive up the cost-per-loan. This makes it difficult for lenders to gather and leverage client data in one convenient location. As a result, borrowers often experience inconsistent and lengthy borrowing processes. Unqork's Loan Origination Solution is a turnkey application that empowers lenders to rapidly build and effectively manage a seamless, omnichannel experience for borrowers, underwriters, and agents. Potential borrowers can easily apply and upload their information, qualification criteria are automatically applied, and applications are aggregated and presented for efficient review by approval and underwriting teams. The result is a flexible solution allowing banks to transform their digital lending operations and stand-up a digital lending division for the first time. © 2020 Unqork. All Rights Reserved Banking Loan Origination Deploy a self-service lending and post-loan servicing platform to accelerate your lending business. SOLUTION BRIEF Key Benefits • Increased speed: Automatically incorporate logic like KYC, OFAC automatically during the application process; integrate with popular accounting software to automate inputs • Enhanced flexibility: Easily make adjustments when regulations or processes change, keep up to date with 7(a) and SBA regulations changes • Future proof: Unqork's no-code platform allows for the creation of complex software without generating legacy code

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