LOS Mortgage, AUS Mortgage, Pricing engine, Advanced Financial Technologies

Advanced Financial Technologies News

San Diego, CA., August 20, 2008

Advanced Financial Technologies, a complete mortgage solution provider, announced today that International Mortgage, a nationwide FHA lender located in West Covina, CA, selected Advanced Financial Technologies' SMART System as the solution for their retail branches.

After reviewing for few months, International Mortgage chose SMART System for its end-to-end automated mortgage system that includes Pricing, AUS, LOS, Paperless, and Back-end Solution. International Mortgage selected SMART System because it uses a single loan database that creates, processes, and tracks a loan application from open to close. Key features cited by the lender include a robust users setup, paper-less capacity, condition writing, search and support for underwriting, pricing, lock, interfacing with 3rd party vendors, closing, post-closing, secondary marketing, funding, shipping and reporting.

"Before selecting SMART System, we used to use another Pricing Solution which included a partial LOS and two additional solutions. In order to use three solutions, we had to interface together and we had to have additional full time IT members and it was pretty expensive making automation. However, we are extremely satisfied with Advanced Financial Technologies for reasonable price and the best technology with excellent technology. After switching to SMART system, there is no more expensive costs involved, simple to use, less training for employees and it is now a complete One Solution which I have been looking for a long time” said Jesse Hernandez, President and CEO at International Mortgage.