Looking for 203K lending software solutions? We can tailor our software to your exact needs.
When it comes to products like FHA 203K mortgages, there’s all kinds of government red tape to comply with. Don’t make the process any more complicated by using 203K lending software solutions that introduce their own unnecessary limitations into your workflow. Instead, get a superior software solution that has been customized to suit the needs of your unique business practices by working with ECL Software.
The Leader in Customizable 203K Lending Software Solutions
At ECL Software, we have a long and successful history of designing user-friendly software to meet the unique needs of lenders working in specific niche markets. We firmly believe that lenders shouldn’t have to adapt to a new software, but that the software should adapt to them. Our lending software includes roughly 800 settings that can be turned on or off to accommodate the way you want to do business. With this functionality already built into the software, it’s easy to make the product offer the precise 203K lending software solutions you need.
Use Our Software for Full and Streamlined FHA 203K Loans
One possibility we’ve already foreseen is that lenders will need to have 203K lending software solutions for both full and streamlined FHA 203K loans. We’ve already built in functionalities that will allow our software to be used for both purposes. This allows you to easily extend funding to borrowers wishing to make updates large and small to their newly purchased or refinanced properties.
Complete Loan Management Functionality
In addition to special provisions accounting for the particular quirks of FHA 203K lending, our software suite includes all the functionalities you’d expect from a quality loan management software, including the ability to generate and track:
- Leads and contacts
- Contracts and schedules
- Communications
- Original budgets and budget changes
- Vouchers and/or draw requests
- Detailed inspection reports
- Disbursement checks and/or transfer forms
- Pay downs to contributing lending institutions
Unlike some other 203K lending software solutions, our product also includes robust reporting functionalities to help your staff stay on top of current and possible loan conditions. Enjoy at-a-glance access to up to date loan account information with dashboard detail reports, or run unlimited stress testing on various portfolio sectors to help manage your risk and exposure.
Ready to End Your Search for the Perfect Software?
Please contact ECL today to set up a free personalized demo of our software. We’re confident we’ll blow all the other 203K lending software solutions you’ve seen out of the water.
