Automated Underwriting Technology, Non-QM AUS

Instant Decisioning

Originators need immediate and reliable feedback on loan program qualification in order to serve every borrower with the right product. Underwriters need to revalidate every loan against applicable program guidelines as they adjust the loan profile based on substantiated numbers. LoanScorecard’s automated underwriting technology brings the same instant decisioning capabilities of a traditional agency AUS to non-agency lending.

Efficiency

Deliver fast, accurate, and consistent credit decisions by automating previously manual processes.

Consistency

Reduce human errors and the need to analyze the loan against hundreds of applicable underwriting guidelines.

Scalability

Serve more customers and grow loan production through automation and without the need for additional staff.

Compliance

Ensure that every loan you approve or deny systematically demonstrates ATR and Fair Lending with an “evidence of compliance” you can retain with the file.

Distribute Loan Products Successfully Across Your Retail, Wholesale, and Correspondent Channels

Increase your footprint by providing your own branded AUS engine to your third-party originators (TPOs) within their LOS, via the web, or as part of your proprietary portal. LoanScorecard removes the need to sift through detailed rate sheets and ever-changing underwriting guidelines, so your originators can focus on bringing in the business you want.

Reach Your Business Objectives

To succeed in the competitive mortgage landscape, you need more than great products. Our team works with you to understand your loan programs and implement solutions that will help you achieve your long-term goals, whether they’re increasing profitability, scaling the business, adding efficiencies, or all three.

“Working with LoanScorecard as a partner has been a wonderful experience. We have 12 months under our belt together now between developing the AUS, fine-tuning guidelines and pricing, and having it on the street in both our wholesale and correspondent channels. The technology is helping to solve Non-QM at the point of sale for originators, which was our goal at the outset. We continue to work with LoanScorecard to maximize utilization and improve functionality. We are very pleased with our partnership.”

Michael Brenning

Chief Production Officer, Deephaven Mortgage

“We were looking to partner with an AUS provider that would allow us share our loan programs with more borrowers. It was a no-brainer for us to go with LoanScorecard. It was easy to set up our configuration and distribution, and ultimately automatically underwrite our loans—giving more low-to-moderate income borrowers the opportunity to achieve the American Dream.”

Moni Robinson

Senior Vice President, Dallas Neighborhood Homes

“Approximately 35 percent of our business is portfolio lending, so it is critical for us to have a system in place that allows us to easily define our underwriting guidelines and ensures any and all exceptions are handled in a consistent manner. We expect Portfolio Underwriter to make us more efficient, reduce errors and provide better feedback to our sales team.”

Kirsten Kemper

Vice President - Capital Markets Manager, Central Pacific Bank

Automated Underwriting

Your key to consistency and efficiency

Instant Decisioning

Distribute Loan Products Successfully Across Your Retail, Wholesale, and Correspondent Channels

Offer Portfolio Products with Confidence

Reach Your Business Objectives

Designed for Capital Markets and Financial Institutions by Industry Experts

Portfolio Underwriter

Let’s discuss how we can further your mortgage business.