OVERVIEW

In this age of real-time technologies, fast decisions and even faster document preparation are crucial to your success as a consumer lender. Customers want loan processing in hours, even minutes, and LaserPro® Consumer Lending delivers. The key is a system that will allow you to quickly process consumer applications from cross-selling to closing, while maintaining loan documentation compliance. LaserPro Consumer Lending does that and more, including multi-state lending, interstate branching and collateral documentation for all 50 states.

LaserPro Consumer Lending provides your financial institution with:

• The ability to process a consumer loan application from beginning to end, while generating compliant documents based on the status of the loan decision
   
• A standard product feature that enables your institution to create loan templates, expedite and standardize consumer loan processing and create consistent documents, loan after loan
   
• A built-in “What-if” calculator that enables your institution to present multiple loan options to a customer
   
• The ability to create standard workflows to further increase operational efficiency and dramatically speed up consumer loan processing

LaserPro Consumer Lending enables your financial institution to:

• Generate applications, disclosures and closing documents that are compliant with federal regulations, including personal and home equity lines of credit and Purchase Money HELOCs
   
• Use multiple payment types: installment, single-pay, balloon and construction-permanent payment types
   
• Lend to multiple entity types: individual and trust borrowers
   
• Use multiple collateral types: titled, real estate, UCC and possessory (e.g., stocks, bonds and deposit accounts)
   
• Create loan templates that expedite and standardize processing and create consistent documents loan after loan