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LOAN SOFTWARE
PRIMARY FEATURES
- SYSTEM FUNCTIONS: Twenty-First Century Loan Software provides automated loan setup, payment processing, interest accrual, late charge assessment, delinquent letters, 1098 tax forms, payoff processing, fixed and variable interest rates, amortization schedules and management reports.
- AUTOMATED: Twenty-First Century Loan Software brings highly sophisticated computerized loan servicing within reach of all lending organizations whether large or small.
- UNDERSTANDABLE: Twenty-First Century Loan Software is written entirely in a language, which the non-technical company employees can understand.
- FLEXIBLE: Twenty-First Century Loan Software can be used immediately by all types of financial institutions for mortgage loans, vehicle loans, construction loans, title loans and lines of credit.
- EASY-TO-USE: Twenty-First Century Loan Softare requires no prior knowledge of computers with graphical point and click menus for windows, hot keys and popup displays.
- MODULAR: Twenty-First Century Loan Software installs only the modules needed to get started such as Loan Servicing System. Other modules may be added later.
- INTERFACES: Twenty-First Century Loan Software interfaces with loan origination system, ACH system, credit reporting systems, internet access, RAVE report writer and general ledgers including Quickbooks.
SYSTEM BENEFITS
- HIGHER PRODUCTIVITY: This automated tool offers a solution to the challenge facing lenders concerned with maximizing productivity.
- lOWER COSTS: Loan Software reduces wasted time due to redundant clerical efforts, which eat away at company profits to automatically accrue interest, assess late charges, send collection letters, generate customer statements and calculate payoffs.
- GREATER CAPACITY: Loan Software allows the capability of managing a larger loan portfolio with the same size administrative staff.
- BETTER SERVICE: Customers will be pleased with payment coupons, monthly statements, 1098 tax forms and online access with accurate reporting of account balances resulting in increased repeat customers and new referrals.
- SIMPLER MANAGEMENT REPORTING: A variety of management reports can be generated simply with the press of a button. Remote access is available via the internet.
- INTERNAL SECURITY: Loan Software tracks daily principal balances, accrued interes and delinquent accounts. Control payment receipts and delinquencies.
CUSTOMER SERVICE
- Their patience, expertise and service attitude places Twenty-First Century Loan Software in the forefront of companies who offer loan servicing systems. We strongly recommend Twenty-First Century Loan Software to any lender.
Richard Fremed, Presidential Mortgage, Woodland Hills, California - The service provided by Twenty-First Century was as promised, worth every penny and the people we worked with were very enthusiastic, knowledgeable, and highly skilled. I would certainly recommend the services and Loan Software of Twenty-First Century.
James E. Boulware, First Interstate Bank, Los Angeles, California - We received excellent professional service for the installation of the Loan Software at Balcor. I highly recommend Twenty-First Century Loan Software and services for the mortgage loan industry.
Donald E. Brown, The Balcor Company, Skokie, Illinois
