GainClients and its chosen technology partner, VueCentric, can now provide the online loan status access from a single database that stores all critical loan data, ensuring that that every party to the transaction is receiving accurate information. The originator’s information is secured by built-in role-based permissions allowing the site owner to determine who gets access to what information.
Being able to provide online status reports is a powerful advantage for realtors who in the past had to turn over their customers to originators, said Ray Desmond, president and CEO of GainClients. Borrowers are demanding to know the status of their loans and realtors, if they want to succeed, cannot spend the time required to keep them up to date. Now, with the new online loan status access built into the FRM platform, they don’t have to take that time – it’s available to all parties 24/7 online.
The company will continue to rollout complementary tools such as the online Rate Tracker, Community Portal and more to enhance its offering and its users’ ability to take the friction out of the business referral process.
The FRM platform provides an online lending service that includes website marketing, including search engine submission, link libraries and keyword management; integration with VueCentric’s MortgageDashboard loan origination system and its online loan application, processing and fulfillment tools; compliance and fraud mitigation, and more.
According to the company, FRM allows loan officers, real estate agents and other trusted financial advisors to foster tighter relationships with their customers by providing a collaborative environment without forcing them to give up control of their customers or the transaction.
