Lend smarter with our online FHA 203K lending software solution.
If you’re shopping for a new online FHA 203K lending software solution, you must be unhappy with the way your institution is currently handling these popular home mortgage-renovation loans. You’re probably getting frustrated looking at products that only provide some of the functionalities you want, or provide too many functionalities that would only complicate your work. Fortunately, ECL Software can help. Our online FHA 203K lending software solution includes a robust collection of functionalities that can be customized to suit your exact needs.
Keep an Eagle Eye on Individual Loans
Our online FHA 203K lending software solution includes all the features needed to establish, manage, and administer any number of FHA 203K loans. You can:
- Manage leads and contacts
- Collect verification of borrowers’ and contractors’ qualifications
- Create communications from customizable templates
- Import budgets from spreadsheets and track budget changes
- Track work inspections
- Create vouchers and disbursement checks
- Manage interactions with any outside lending institutions
- View complete loan information at any time
Track and Test Your Entire Portfolio
Our online FHA 203K lending software solution also includes many different reporting and testing functionalities that can help you manage risk on a loan-by-loan basis or with respect to your portfolio as a whole:
- At-a-glance dashboard reports
- Detail searchable reports
- Concentration reporting
- Stress testing reporting
The software comes pre-programmed with many different report scenarios, but you can of course configure any unique report you need.
Improve Collaboration with Online Access
Don’t forget, using an online FHA 203K lending software solution can bring benefits versus an in-house system. With our secure online portal, up to the minute loan information can be accessed by any authorized employee at any time. No more waiting for memos or walking to another employee’s desk to get information.
Demo Our Online FHA 203K Lending Software Solution
We would be happy to let you explore our online FHA 203K lending software solution for yourself via a free personalized online demo. Please contact us today to learn more.
