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Virtual Loan Officer™
will save you time and money.
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The VLO will increasing your productivity and
eliminating costly mistakes.
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Your closing ratios will rise since you are able
to provide real time information to your clients.
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Increase your free time since you will be able to
get your clients a loan within minutes instead of hours.
Knowing when
to leave your Loan Origination Software
behind!
Are
you getting that feeling that your current
LOS
needs to be jettisoned due to poor
technical support, unexpected system costs and the lack of system
functionality that has caused you to fall behind your competition?
Think
back when you were in the set up process of the system you now have. During that
process process and the early honeymoon period,
you probably felt
comfortable with the LOS purchase. If you are like most that feeling faded when
you discover how much time you and your LO's are wasting inventing
"workarounds," to circumvent the system. You become conscious of expensive
system upgrades,
or
realize the need for additional functionality (e.g. secondary marketing) and
what does it all adds up to? More and more investments in that system.
Always costing you money and not bring a substantial return on your investment.
There is nothing worse than working to expand
into new markets and finally start seeing increased volume
only to learn that your original LOS cannot keep up with your companies
goal and in some cases hinder your ability to expand
Does this sound familiar to you? You are not alone.
Lenders find
themselves changing LOS vendors approximately every three years, according to
most studies.
Larger
lenders usually remain with their LOS only because the conversion cost and risk
is too high.
The Virtual Loan Officer™ changes all
of that. You don't have to worry about upgrade or additional costs for
ad-ons. Both small and large lenders will find the VLO fully functional from the
start.
Other Loan Origination Software
systems make lenders, especially
those who have made the transition from broker to banker, augmenting their LOS
system using
Excel spreadsheets. They require customizing SQL databases and inserting
additional manual tasks in the day-to-day processes. The original LOS was
not designed to support these tasks. Functions that are not supported by the LOS
make tracking and reporting on the pipeline almost impossible for management.
The
Virtual Loan Officer™ offers a pipeline tracking system that has a
full communication system built in for all LO's, managers, processors and the
underwriters on your staff. No need to have add-ons that do not interact with
each other. The Virtual Loan Officer™ does
it all.
At
the time of your original purchase your system, your concern was to meet
your present business needs while minimizing cost. After all of your
efforts to get your business thriving and after you have
made the strategic decision to expand, you unexpectedly discover that your LOS
cannot grow with you. You realize you need significant
hardware, software or custom programming changes. Will
your LOS system ever deliver the value you expected, when you realize the cost
and resources required to grow over the long term?
LendworX offers the
Virtual Loan Officer™ with
your companies expected growth in mind.
There no are additional fees or expenses. The VLO will work with high-speed
internet connection on your computers. There is no additional hardware
requirements. All of this comes with your VLO subscription..
Custom programming is not required but can be provided if requested
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Will you be prepared
the next time you decide to expand or modify your business?
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Is
your current LOS showing other signs of weakness?
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Is your vendor constantly emphasizing the
software's strengths and not its shortcomings?
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Does your LOS require the use of more than one program?
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Does
your current Loan Origination Software
require special knowledge or training to use?
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Would you like a software that keeps up with the competition without it costing
you more?
If you have answered yes to
any of these question then you need to take a close look at the
Virtual Loan Officer™.
Call
209-586-4769 and ask for a in-depth look at the Virtual Loan Officer™
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