Mortgage and Auto Loan Processing

The Loan Information Management Solution (LIMS) is a complete system for the capture, storage and retrieval of loan documentation for small organizations or departments.  Loan closure and servicing can be paper intensive and time consuming.  LIMS is a way to automate these processes.

LIMS Value Proposition:

LIMS was designed to streamline the closure and servicing of the loan and thereby improve customer service and reduce processing costs.  Great for mortgage brokers, auto brokers, small to mid-size mortgage operations within banks and other companies who handle loans.

 Key LIMS Benefits:

• Cost efficient solution for document capture, storage and retrieval.
• Drastically reduce photocopying, shipping and document storage costs.
• Reduce servicing time thus improving customer service.
• Capture paper and electronic documents in an easily accessible  central repository for future viewing, e-mailing and CD publishing.
• Fully expandable, an enterprise solution that can grow.

 The LIMS Process:

1. Close loan with client with all appropriate documentation.
2. Scan paper documents for importing into imaging system.
3. Index documents by document type or use barcodes (an optional  feature) when scanning the paper documents.
4. Import non-paper associated documents into imaging system.
5. Create CDs of loans and distribute to investors.
6. Provide network access to documents to auditors and staff.

 The Loan Information Management Solution Includes:

• An appropriate scanner with interface and cables for up to 1000 images per day.
• Three concurrent user licenses for document imaging and retrieval.
• Consultation, design, creation and testing of one application.
• Software and scanner installation and testing.
• Maintenance of system scanner and software.
• End user training.

 LIMS is upgradeable and additional options are available. If this imaging solution is not a good fit for your organization, then contact us about a custom solution.

View the LIMS Overview PDF flyer.

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