Doxim's Loan Origination solution supports both retail and commercial lending process requirements, offering a better staff and customer experience during the loan application process. It streamlines loan origination, offers automated loan decisioning support, and generates loan-related documentation. Developed in collaboration with financial institutions, Doxim’s powerful SaaS loan origination solution is fine-tuned to support process improvement, compliance, productivity, staff, and customer experience modernization initiatives. It streamlines lending with a natural, conversational application process, providing decisioning support and automatically generating loan-related documentation, allowing lenders to focus on building relationships rather than paperwork. The future of lending is an integrated, configurable solution designed to improve the customer experience. Retail or commercial, all loan applications are handled through the same streamlined interface including mobile support, to help meet the needs of your entire customer base and improve productivity.

Features:

• Integrated and Configurable Streamline the lending process with distinct configurations for retail and commercial loan products, in-branch and self-service modules, user-friendly commenting capabilities, and flexible deal securing options.
• Pre-Populated Forms Easily pull data from your banking system and 3rd party loan-related service providers to pre-fill loan applications. This process reduces keying errors and speeds up loan fulfillment.
• Enhanced Financial View Give lenders a holistic view of your customer’s financial statements so they can make sophisticated lending decisions based on a complete understanding of the customer’s finances.
• A Central Source for Data Get a more complete and actionable view of your business by aggregating together your disparate and incomplete legacy data sources into one centralized data warehouse.
• Never Miss a Revenue Opportunity As the only loan origination system that integrates directly into a CRM purpose-built for community banks and credit unions, lenders can document lending needs uncovered during loan processing. Rest assured every opportunity will be visible and tracked.
• Retail & Commercial Meet the needs of all borrowers with the essential features and workflows that speak to their unique needs, including specialized approvals, securitization, or exception processes.
• Automated Decision Engine Make the right decision quickly and ensure compliance with credit policy by receiving a pass or fail loan funding recommendation based on a customizable lending matrix.
• A Single Loan Application, Multiple Loans Increase wallet share while reducing costs by processing multiple connected loans within a single application and securing them all with common collateral.
• Easy Payment Calculation Lenders can calculate payments with or without insurance, tweak loan parameters, review results with customers, and ensure an adequate repayment schedule is determined.