| Nationwide Loan Originator Resource Center Support Tools |
This Resource Center is designed to empower our network of Nationwide Loan Originators (NLOs) by providing the tools, information and training necessary to originate and closely monitor the loans in their pipeline. Relationships have been established with providers of the best suite of support tools the mortgage industry has to offer. When combined with the support of our Transaction Management Team, the relationships and resources available to our NLOs serve to provide full transaction visibility as well as control over their transactions. The Transaction Management Team's primary role is to support the NLOs with training and to remain focused at the loan transaction level to ensure each loan continues moving through the process towards closing. Support Tools: The following tools can be accessed from this site by clicking on the images (icons) under the Support Tool column at the right. The Transaction Management Team will provide login information as necessary. Optimal Blue: By simply entering some basic information about the borrower and the loan transaction, it is possible to quickly determine what loan products and pricing (interest rates and points) are possible. eMagic: This web-based Loan File Management System allows the NLO to monitor the progress of every loan in their pipeline at all times. Our process is truly paperless, so all documentation and status information remains visible throughout the life of the loan, providing a "dashboard" for communication between the NLO, Transaction Management Team, Underwriting, etc. Competitive Pricing Check: To assist NLOs in confirming that the loan pricing they are offering to their borrowers is competitive, links to some of the largest lenders' rate information are provided. At these lender sites, the NLO can enter some basic loan information and see what these banks are currently offering to their highest credit quality borrowers. Appraisals: Compliance with the Home Valuation Code of Conduct (HVCC) is important to all lenders. To remain compliant at a national level, relationships have been established with well-repected appraisal management companies (AMCs) that are known for their responsiveness and quick turn-times. These AMCs certify that each appraisal complies with the HVCC, leaving us all with one less factor to be concerned about. The Transaction Management Team will contact the NLO when it is time to order an appraisal through an AMC. |
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To contact the Transaction Management Team, please call:
800-607-1941 Ext. 200
| This information is intended for use by Real Estate Professionals only. |