LoanAceTEAM™ was developed for two purposes: To increase profitability and decrease liability for mortgage brokers and branch managers.
Whether your company has 4 originators or 4000, our compelling tools that can assist you or you and your executive team, in managing production, and compliance, in one centralized location, in near real-time. All of your information in one place, at a cost anywhere from 4 to 34 times less expensive then companies pay for other managers’ view solutions.
Take a moment to review the information, watch the two minute video, or get a quote, place an order, send us an email, or give us a call.
We look forward to having your Company join the TEAM.
Increase Profitability
Knowing the key information affecting your business, in real time, can mean the difference between a good month or a great month.
Knowing how certain data points can affect a business is a talent of the most effective owners and managers. But digging through boxes, or calling 3 different departments to accumulate the right data is incredibly time consuming. It can take eat away at time that could be better spent revenue producing aspects of your company. With TEAM™ you pull the information up on your screen, evaluate the data, and then move forward confidently. Use TEAM as a strategy mechanism, revealing valuable insights for positioning your company to take advantage of emerging markets, trends, and products.
The profit management aspects of TEAM are numerous and valuable.
Collecting and managing the amount of data that comes with being in the mortgage business is a daunting task. With TEAM you no longer have to wade through file after file. Your data is centralized and at your finger tips. You'll track the best zip codes for sending XYZ advertising, you'll see if, after the $250.00 training, both John and Sarah improve their close ratio by the 15% that the company selling the training guarantees, you can learn that the most effective lenders for specific programs, and more.
Consider some of these benefits:
Business Trends & Tracking
Forecast your monthly revenue
Track your average loan volume
Monitor your average loan amounts
Help your team choose lenders for maximized profit and borrower benefit
Coaching & Training
Catch loans before they fall through the cracks
Help junior originators through tough loans
Use the history to detect work patterns in your employees
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Decrease Liability
View every loan in your company pipeline and pre-audit your loan officer's files before funding!
TEAM™ gives mortgage brokerages the ability to view a company-wide pipeline and audit every file throughout the complete loan process. It enables much greater oversight and management of loan activity from origination to the date the loan funds.
With LoanAceTEAM, you can view your loan officers' complete pipeline, whether they are sitting 2 feet away or 2000 miles away.
Many companies are painfully aware that their biggest potential liability is not from what they know - but what they don't know. Discovering shortcomings in data integrity through audits after funding is too late and the potential for a loan buy-back demand from a lender can become a very expensive reality. Proper liability control has meant the difference between a profitable future and bankruptcy for many companies.
TEAM can reduce or completely eliminate consumer complaints and civil suits that may arise from improper disclosure by being able to ensure that all disclosures are correct.
In today's regulated environment, many government agencies require proper oversight and management to meet the standards required to maintain a license. Many of those agencies consider the ability to view or audit loans prior to funding a vital ingredient to proper oversight and management. For compliance policy, adhering to various government regulations, and minimizing buy back risk, a 'managers view' is no longer a valuable tool for increasing productivity; it is a necessity for the long-term health of your company.
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The reasons to have a solution like TEAM are countless. But why would a broker want to purchase TEAM over another solution?
One of the best reasons is flexibility and affordability. We will work to discover the option that works best for the benefit of your company at a cost that doesn't compare to your IRS bill. Whether you need a hosted solution, prefer a preconfigured server delivery, or you may have your own ideas of what will work for you. Whatever the case may be we will help you find a solution to fit your needs.
TEAM can be purchased for a fraction of the cost of comparable systems.
If you would like more information or to discuss a proposal for your company please call 425-641-2165, or email
With the TEAM solution your management staff will have a pipeline view of your originators in the Loan Summary View.
This is a great productivity management tool providing you with information including origination date, loan amount, and loan type. Easily sort your view by clicking on the headers: See new loans by clicking origination date, call LOs who have loans 30 days or older, forecast what loans might be closing for the month etc.
To see more detail in a loan click the View Detail button to the right of any loan in the Loan Summary View and TEAM will open the Loan View Detail.
This will show virtually everything you need to see in a file as well as version tracking and attachments, such as appraisals and credit reports:
LoanAceTEAM™ also includes an XML file which gives you access to every field saved by your originators in LoanAce. Use this for further manipulation or porting of the data to any format you desire:
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For more info call us at 425-641-2165 or email
To view a brief demonstration video click here |
"Thanks to TEAM, we are expanding into additional states. Being able to view our pipeline has meant closing more loans, and even catching many that may have fallen through the cracks." Owner, growing brokerage in 6 states
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"I fear two things that can take us down: fraud and out-of-control, non-compliant loan officers. We have spent a lot of time and resources trying to find a solution to address these concerns and now we have found one. The ability to view and audit our loan officer's loans before funding allows me to sleep at night.
"The TEAM solution has been a huge benefit helping us manage compliance risk, improving home office productivity, reducing in-house staff expenses, forecasting, identifying trends, and ultimately just be more informed of what our originators are doing. These are the challenges every successful brokerage faces. They are also the things that TEAM helps us address.
"One of the great things about LoanAce is aside from addressing our major concerns; your TEAM solution saves us more than $35,000.00 a year in software costs. The LoanAceTEAM is the best technical solution in the mortgage industry today."
-President of one of the top 5 largest mortgage brokerages in the U.S.
Contact a TEAM™ Representative Now
425-641-2165
Email:
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