The lending market never stands still. Being able to adapt, find a niche, launch new products quickly and remain operationally competitive and compliant are critical for continued success. SourceHOV’s eFIRST Origin ™ allows clients to take control with the most configurable and flexible loan origination system on the market.
SourceHOV offers a fully compliant solution for all mortgage and loan origination and servicing activities including; secured and unsecured lending, conforming and non-conforming mortgage lending, first and second charge, equity release, private banking and high net worth lending.
This system, used extensively throughout the mortgage marketplace, provides an end-to-end solution for new business mortgage origination or to enhance an existing mortgage process. The overriding objective is simple: to automate manual, repetitive processes, and to improve speed and cost efficiencies within a compliant mortgage completion process.
eFIRST Origin™ is multi-channel and can support a consumer website, a branch network, and broker or introducer organisation. It’s a workflow-based system with fully configurable stage and task generation to provide clear visibility to the underwriting and completion teams of outstanding tasks and actions. eFIRST Origin can automatically generate ESIS and mortgage related documents at the appropriate stage of each process, and perform sophisticated product searches using rules based analysis tools designed to provide the most relevant mortgage products for each client application. The solution can automatically initiate tasks, which can then be presented to third parties such as solicitors or valuers for completion.
With additional modules to support fee collection and funds dispersal, enhanced intermediary support and tranche management eFIRST Origin supports all types of lenders and operating models.
SourceHOV’s years of insight in financial business processes, our understanding of the mortgage industry, the origination and servicing process, helps us to deliver exactly what you need: more efficient, secure and flexible processes, with unprecedented compliance and visibility.