Advanced Financial Technologies News

Advanced Financial Technologies, a complete lending technology solutions provider, announced today that InterLending Capital, a new nationwide Conventional lender located in Irvine, CA rolled out today Advanced Financial Technologies' SMART System as their mortgage banking solution to more than 1,000 retail loan officers.

After few months testing periods with SMART system, InterCapital Lending chose SMART System because it is a complete web-based mortgage system; pricing solution, AUS, LOS, Paperless Workflow, Back-Office solutions, Compliance disclosures and E-delivery features. InterLending tested many different software for last few months and they needed to expand more features for future businesss volumes. InterLending Capital elected SMART System for its single loan database that creates, processes, and tracks a loan file from application to funding. Key features cited by the lender include a robust rules-based user setup, paper-less processing, automated underwriting, pricing, lock desk functionality, closing, post-closing, secondary marketing, and reporting; as well as customized interface to 3rd party vendors.

"Before selecting SMART System, we have been testing many different types of systems for processing, underwriting and loan delivery for our loan officers. We just simply needed to handle more features to get more business. We were forced to find continuously better solution. We had an extensive research period and testing most of software and we had come to conclusions that SMART was the best choice. During the testing period, we compared with all other solutions to make sure that we chose a correct one. SMART system was delivered in 2 days at a very reasonable cost. With SMART system, we are very pleased with all features they offer and we get responds on any issue in a same day." said Lawrence Holguin, President at InterLending Capital.