Realfinity Platform Release - 05.13.2024

Modified on Thu, 22 May at 6:29 PM

The groundbreaking release of the Realfinity POS (Point of Sale) offers borrowers a portal to submit documents and complete their 1003 Loan Application, syncing with our LOS partner (LendingPad).

New Features

1. Point of Sale (POS) Enhancements

Assign Tasks to Borrowers

Overview: Our enhanced POS now includes a robust task management feature that allows loan officers to assign specific tasks to borrowers directly through the system.
Benefits: This feature ensures borrowers know their responsibilities and can track their progress, leading to a more efficient and transparent loan application process.
Functionality: Tasks can be assigned, tracked, and updated in real-time, providing borrowers and loan officers with clear visibility into the loan application status.
Video: Managing Tasks and Document Requests

2. Full Loan Application Integration

Comprehensive Loan Application

Overview: We have introduced a full loan application feature within our POS, enabling borrowers to complete their loan applications directly through our platform.
Benefits: This integration simplifies the application process for borrowers, reduces the need for external tools, and ensures that all necessary information is collected and synchronized with our Loan Origination System.
Functionality: The loan application includes sections for personal information, income details, property information, and other relevant data, all seamlessly integrated with LendingPad.
Video: Loan Application Walkthrough

3. Synchronization with LendingPad

Complete integration with our loan origination system

Real-Time Sync: Both the task assignment feature and the comprehensive loan application are designed to sync in real-time with LendingPad, ensuring that all data is up-to-date and accurate.
Efficiency: This synchronization reduces manual data entry, minimizes errors, and accelerates the loan processing timeline.
Videos:
Starting a New Loan File

Loan Pipeline Overview