LoanQuest™ WebRegistration is a web-based point of sale application designed to allow your brokers to upload a loan file electronically from their own systems (i.e. Byte, Calyx, Contour, and Genesis) or enter a loan application on the site.  Brokers can price, lock, and get an AU recommendation.  The loan data is transported seamlessly to the Residential Lending System for processing, underwriting, and closing.  Your brokers can view the status of their uploaded loans, view conditions, underwriting findings, and see the pipeline of the loans they imported.

WebRegistration provides lenders a competitive service advantage, making it easier for your brokers to do business with you. Combined with the Residential Lending System, WebRegistration gives the automation capabilities to streamline registration and improve throughput. By expediting the loan process for your broker, he will be less likely to shop other lenders, allowing you to earn a greater share of the business.

The LoanQuest eServices Transport Server transports your broker’s application data directly into the Residential Lending System and returns a FannieMae Desktop Underwriter or FreddieMac Loan Prospector decision. The instant upload and feedback dramatically improves service levels to your brokers and builds stronger relationships.

Having the data loaded instantly into the Residential Lending System means processing can begin immediately and reduce the time to closing. In both retail and wholesale, reduction of time from application to closing also means reducing the risk of losing the borrower to aggressive competition. The broker has the added ability to lock or float their loans.