Firstfolio Online goes way beyond a simple online submission system. It has credit policy built into it and it can provide the answer to virtually any “what if” scenario, provided you know how to use it.
Using Firstfolio Online, processing tasks that can take up to weeks with other lenders are performed in minutes – in front of your customer if you wish. Firstfolio Online automatically orders and checks credit reports, instantly generated a meaningful conditional approval and draft loan documentation.
Key features of FF online
- Online prospect qualification, application file building, credit scoring and loan packaging.
- Automated processing steps such as CRA checks and loan documentation.
- Virtual file creation for all supporting documentation uploading, including valuations and loan agreements, accessible 24/7.
- Automated workflow management with real time tracking and reporting.
- Milestone updates and file communications backed up by email.