Press play for something good.
The Automated Workflow
Application: Instant results. Happier Borrowers.
LO runs Prism. Gets real-time responses. Disclosure Automation delivery that cuts errors and turns up the speed.
Processing: Indexing, Income (with Reps and Warrants) Integrity Checked disclosures and conditioning...all automated.
Prism creates customer-focused needs lists. Prism calculates income for pre-approval.
Underwriting: Clean files in. Confident decisions out.
UW reviews pre-underwritten file and doubles their production and accuracy with full Prism.
Post Closing: One click, errored checked delivered packages.
Every closed loan is audit-ready, defect-free, and investor-compliant with Post Closing Automation.
Impact of Lender Toolkit:
A Case Study by Vice Capital Markets
Lock Extension Fees
Industry Average: 12.5 basis points for 5-day extension
Our Impact: Reduced extensions by 5%
Loan Rejections
Industry Average: 1 rejected loan per $10MM sold
Our Impact: 50% reduction in rejected loans
Repurchases
Industry Average: 1 repurchased loan per 125 loans
Our Impact: Over 60% reduction in repurchases
Critical Defects
Industry Average: 7% defect rate
Our Impact: Reduced defect rates to 5% with less than 1% being critical
Power with the Push of a Button
Automated Indexing & Extraction
Utilizes advanced AI/ML technology to automate document indexing and data extraction. This significantly reduces manual effort, improves accuracy, and speeds up the entire process.
Support for All Major Loan Products
Supports all major loan products, including FHA, VA, Conventional, USDA, and non-QM loans. It provides comprehensive income calculations and asset analysis, ensuring compliance and accuracy.
Streamlined Decision-Making
With pre-built automated conditions, Prism helps you identify potential issues and streamline decision-making. It also provides customizable options to tailor the tool to your specific needs.