Oct 12, 2022
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Service categories
Service Lines
Web Development
Domain focus
Banking & Financial Services
Programming language
JavaScript
Frameworks
Ruby on Rails
CMS solutions
WordPress
Challenge
The current process of manually creating pre-approval letters for loans is challenging. It is slow and painful for all the stakeholders involved in the process. The current processes translate to lost opportunities for Buyers and Realtors equally.
The current process of manually creating pre-approval letters for loans is challenging. It is slow and painful for all the stakeholders involved in the process. The current processes translate to lost opportunities for Buyers and Realtors equally.
Solution
Loan and Mortgage is a new domain for us to work in. We understood the domain and coded the app to enable the client to better manage their pre-approval process.
Our team conducted complex calculations to create a solution where homebuyers could easily generate pre-approval letters and simplify the sales process.
On the other hand, we enabled realtors and buyers to ease the process of purchase. Buyers can access the application through a password send by their Loan officer and can send the letter directly to their realtor.
Loan and Mortgage is a new domain for us to work in. We understood the domain and coded the app to enable the client to better manage their pre-approval process.
Our team conducted complex calculations to create a solution where homebuyers could easily generate pre-approval letters and simplify the sales process.
On the other hand, we enabled realtors and buyers to ease the process of purchase. Buyers can access the application through a password send by their Loan officer and can send the letter directly to their realtor.
Results
Create Personal Profile: Loan officers can create their fully branded account with their logo and digital signature and insert their details in the profile for a full summary.
Dashboard: Loan officers get a dashboard to enter buyer details including their loan amount, interest rate, loan type, etc. and send email to customers with a password.
Updated Interest Rates: The app automatically updates the interest rates on a weekly basis so both the loan officers and buyers don't have to worry about it.
Pre Approval letters: Homebuyers can get a pre-approval letter for their loan amount by clicking on "Estimat monthly payment and send the letter directly to the realtors".
Create Personal Profile: Loan officers can create their fully branded account with their logo and digital signature and insert their details in the profile for a full summary.
Dashboard: Loan officers get a dashboard to enter buyer details including their loan amount, interest rate, loan type, etc. and send email to customers with a password.
Updated Interest Rates: The app automatically updates the interest rates on a weekly basis so both the loan officers and buyers don't have to worry about it.
Pre Approval letters: Homebuyers can get a pre-approval letter for their loan amount by clicking on "Estimat monthly payment and send the letter directly to the realtors".