Learn How Fund Control Can Help Mortgage Companies

Learn How Fund Control Can Help Mortgage Companies

Learn How Fund Control Can Help Mortgage Companies

Posted on March 11, 2020

Learn How Fund Control Can Help Mortgage Companies

As a mortgage company, you are facing unprecedented times just like other companies in the country and throughout the world. At Fund Control we encourage you to consider that now is the time to invest in features that can streamline your process, mitigate your risk, and help you better manage your team. Keep reading to learn more and then contact us at 800-625-5972 for a free demonstration.

Our Software Can Help with the 203K Process

There is no way around it – renovation loans are a unique product. At Fund Control we understand that these require collaboration between inspectors, contractors, and owners. That’s why we ensure that it is easy for everyone to communicate from any device that has internet access. Our software allows you to get the information you need – and get it to other stakeholders – for real-time collaboration.

It also offers help with the specific and unique requirements for 203K processes, such as calculating interest earned that must be paid back to the borrower.

Our Software is Integrated with Ellie Mae

We have provided an integration with Ellie Mae’s Encompass that is both powerful and very easy to use. It is that part that is missing from other companies, it is the step you need to move a loan from “Closing” to a new system of managing the entire disbursement process at a time.

We Can Help You Manage Team Efficiency Beyond Your Expectations

We utilize predefined text communications that can assist your company in significantly reducing both time spent on correspondence and error rates. This includes all types of correspondence with all types of stakeholders in your project, from title companies to borrowers who need statuses to general contractors who are working on a project.

Some of the predefined text options include borrower welcome package form auto fill-ins, title documents that automatically pull title company in from the project, and draw request forms that automatically pull in financial information.

Set Up Notifications to Automatically Get Team Members on the Same Page

One of the hardest parts of managing a large project is figuring out how to ensure that everyone is on the same page. You can set the project up the first day and then spend every week checking up on all steps to ensure that when A is finished, the team moves on to B.

Our software helps keep the workflow moving forward by providing user-definable notifications. They are designed specifically to let you assign tasks to team members that notify them when the things they are waiting on get done. This gives you total control over task management while simultaneously taking it off of your daily plate.

Contact Us Today for a Free Demo

Do you have questions about the options that our software can offer? Do you need to know more about Fund Control? Then we strongly recommend you contact us at 800-625-5972. We are happy to provide a free demo for your needs as well.