FINANCIA optimizes qualified loan solutions to best fit the borrowers’ needs and preferences, as well as the restrictions and preferences set by the originator. FINANCIA Provides Loan Officers with the best and most optimized loan program solutions for every unique scenario.
Financia technology closes the cycle between your Secondary market operations and Primary market originations, which ensure optimized executions and faster decisions. It enables your traders, originators and administrative employees to finalize an underwriting decision for any scenario within 100% of the loan programs you offer. In other words it means:
I) Cut down your underwriting and overhead expense
II) Close more loans with the same number of applications you currently generate
III) Capitalize on the benefits of your loan products, which increases your customer satisfaction and better confront your competition
IV) Spend less time on qualifying and optimizing submissions
V) Increase your managerial and supervision abilities
VI) Shorten training required to make employees into producers
VII) Maximize your current resources, close more loans and make more money
FINANCIA develop Artificial like Intelligence, Universal Loan Decision, Transaction Optimization and Trade Execution. Financia’s innovation provides a true added value to all members of the mortgage banking community. Financia’s Automated Underwriting, Pricing and Optimization Reasoning consist of mathematical logic, which utilizes algorithms to prove theorems of calculus. Financia define all classes of applicants’, lenders’ and investors’ circumstances required to be solved with available program scenarios. It determines the qualified solutions to be used as well as inferred possibilities to efficiently conduct inferences and computations necessary to optimize the decision-making-process.
On your Primary side, it is customized to increase your current application-to-closing ratio by maximizing each loan-application potential and turning unresolved submissions to qualified solutions. It enables originators (wholesale as well as retail) to simultaneously determine decisions and optimize the most beneficial loan solution within your own loan products pool; all with one single loan submission. Financia Proprietary AUS works with any of the loan products you offer. These products may be of any paper type and of any of your investors, as well as the products you may be selling directly to Wall Street. Financia produces full approval certificates, which include adjusted rates with integrated pricings and the specific stipulations and underwriting conditions.
On your Secondary side, it is customized to fit your Secondary market sales, acquisitions, pool optimizations and executions. It automates your executions by re-qualifying and re-pricing your closed paper pools for the most optimized trade that generates the highest yield for your company. Your papers will be cross-referenced with your investor, re-qualified within your products pool, re-priced (YSP, SRP and Delivery) and thereafter optimized for best execution. Your trades will be optimized automatically within the various papers you purchase/sell in order to maximize the highest yield possible. FINANCIA generate complete findings of your closed papers and optimized pools, itemized by your investors, loan products and best pricings, with automatically validated executions.