Institutions are trying to grow the loan portfolio and need processes that speed up loan analysis without increasing risk. Sageworks Loan Decisioning simplifies loan origination to increase efficiency and consistency in documentation and analysis. The institution determines what data needs to be input and how the loan is analyzed to make the process as customized and streamlined as possible.
- Respond to applicants more quickly
- Efficiently allocate credit analysts’ time
- Customize to the bank’s policy
- Increase consistency in decisioning rules and documentation
The institution defines what data to collect, which ratios to use in the analysis and the decisioning criteria.
Lenders can enter their loans, seeing only the fields they need.
Decision recommendations can be automated or manual, and the documentation is generated instantly.
Sageworks Loan Automation is a customizable, relationship-based automation tool allowing bankers to make informed loan decisions quickly, respond to customers automatically and notify designated users and borrowers of next steps.