Enterprise lending Process

Available as SaaS-deployed (Web-based) or on-premise platforms, Somex mortgage solutions, through a combination of innovative analytics, technology solutions, and process excellence, provide critical business process management, integration and connectivity across the mortgage supply chain, enabling lenders to integrate service providers into their business processes, streamline resources and improve operational control and productivity.

Our mortgage solutions include:

  • Front-office processing, underwriting, back-office processing, property valuation, credit applications loan boarding, loan administration, refinancing, collections, new regulation changes and closure of mortgage loans
  • Three-tier service engagement, including application development, application maintenance and production support services
  • Helping banks with mortgage process to be Mortgage Market Review (MMR) compliant by leveraging Microsoft BizTalk, Microsoft .NET, MS SQL Server and proprietary systems
  • Enabling risk-based mortgage decision-making, complimented by expertise across the complete range of mortgage applications
  • Business process re-engineering
  • Inline tools to conduct research, apply for loans, submit documents, track status and electronically close. Fully integrated these tools and channels with the bank’s core loan origination system, preferably with an automated back-end for real-time updates