Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
EPIC delivers a range of short-term consumer lending software solutions tailored for smaller loan amounts. The Installment Loans feature presents a complete amortization alternative for short-term lenders, enabling consumers to make consistent payments throughout the loan duration. EPIC accommodates both tribal and state-model lending practices, including Texas CSO/CAB. Moreover, Installment Loans facilitate the exploration of various payment options with borrowers to identify the most suitable choice. Users can establish their own internal guidelines and configure an underwriting waterfall, empowering lenders with tools to effectively manage the lead intake process. Nevertheless, some technologically proficient lenders are seeking a competitive advantage, and EPIC provides that through its EDGe (External Decisioning Gateway), which offers a robust and adaptable way to incorporate external decision-making into the standard EPIC underwriting process. This innovative feature enhances the overall lending experience, ensuring that lenders can meet diverse borrower needs more efficiently.
Description
Loandock serves as an AI-driven platform designed for mortgage processing, catering to independent mortgage banks, brokers, and loan officers who manage their own files. Its intelligent assistant, Clara, seamlessly integrates with clients' existing loan origination systems and lender portals to compile loan packages, gather and verify necessary documents, pre-underwrite files, submit them to lenders, and handle any conditions that may arise. Clara proactively communicates with borrowers and third parties, which include title companies, insurance providers, employers, homeowners associations, servicers, and payoff entities, via text and email. She meticulously checks the submitted documents against each specific requirement, prompts for corrections if details are missing, and organizes materials according to the relevant conditions. Any inquiries that necessitate human judgment are directed to the client’s processing team, while the authority for credit decisions and final clearance of conditions rests with lender underwriters. Additionally, processors have the flexibility to interact with Clara through various platforms such as Slack, Microsoft Teams, email, text, or directly through the Loandock dashboard, thereby enhancing their operational efficiency. This multifaceted support ensures a streamlined mortgage processing experience for all users involved.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
ARIVE
No
Encompass
No
Flinks
Yes
LendingPad
No
Microsoft Teams
No
Slack
No
Integrations
ARIVE
Yes
Encompass
Yes
Flinks
No
LendingPad
Yes
Microsoft Teams
Yes
Slack
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Pricing is per file and varies with the number of conditions. Lenders and larger brokerages are priced according to volume and workflow. Files that do not close are not charged; a file that closes late because of Loandock is free.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
EPIC Loan Systems
Founded
2010
Country
United States
Website
epicloansystems.com
Vendor Details
Company Name
Loandock
Website
www.loandock.com
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
Yes
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No