Compare CoreLogic Credco vs LendFoundry

Summary

CoreLogic Credco is a mortgage solution that enables lenders to manage their given loans. The solution helps lenders to manage their costs related to their applicant fallout by offering them various creative credit reporting packages. Each package is designed to give users the most cost-certain and flexible debt solution. Some of these solutions include - Hard Inquiry Cascade, Pre-Qual Cascade, Bundled Pricing and Subscription Pricing. CoreLogic Credco comes with an Income Calculation and Analysis Solution that helps lenders to calculate borrowers’ income so that they can quickly find ways to make the entire loan easier. They can easily see all documents and track all exceptions with this solution. CoreLogic Credco enables users to verify the income and employment verification of borrowers. They can even verify it according to the 4506-C Income Tax Verification. Finally, this mortgage solution includes a LoanSafe Fraud Manager that assists lenders to identify and reduce mortgage fraud risk by using loan application information with the CoreLogic Credco’s proprietary data. ..show more

LendFoundry is a loan origination and administration platform that works from start to finish. The cloud-based platform features an API gateway, user interfaces, credit bureau reporting, workflow automation, electronic signature capture, and other features to support and digitize the origination and servicing of loans. Personal loans, working capital, and merchant cash advances are among the asset classes served by LendFoundry. LendFoundry has an inbuilt Loan Origination System that helps alternative lenders handle loan origination by facilitating automated processes, back-office management, and decision-making calculations. Flexible loan servicing, third-party connectors, bespoke setups, verification tools, an activity dashboard for each loan or customer, and more are all available under LendFoundry. Lenders can log into the LendFoundry site to see their client's payment history and account information, as well as any payment reminders, missed payments, and other information. Borrowers can also use the user site to change their profile information, make payments, see account data, examine payment history, and submit direct requests to the lender. ..show more

Audit Trail A record of changes made in chronological order of a user or activity

Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting

Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required

Collaboration Helps you safely share data with only those who matter and enhances your teamwork

Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Custom Workflows Facility to create workflows with custom stages, process, and status.

Document Management Ability to store and manage various information and documents in electronic format.

Mobile Access Allows accessing the software and product/service related information from a mobile device

Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization

e-Signature Electronic Signatures help users to sign their digital documents remotely

Top alternatives to CoreLogic Credco

Floify

LendingPad

TurnKey Lender

LendFoundry

CreditCore

Top alternatives to LendFoundry

Floify

LendingPad

TurnKey Lender

CreditCore

Finflux