Calyx Software, a provider of loan marketing, originating and processing software, has introduced a hazard insurance category in the Calyx Network, connecting users of Calyx Point loan origination software with participating hazard insurance vendors. The hazard insurance category is accessed within Point's services menu.
Through Calyx Point, a loan officer can generate a hazard insurance quote for the borrower, using tools embedded in the services menu. Borrower data is automatically incorporated from the loan file into the insurance quote form, eliminating the need for re-keying information.
Once the hazard insurance quote is generated, the borrower can purchase coverage online or over the phone at any time of day. Because no log-in is required to access the category, loan officers will streamline the process of generating a hazard insurance quote for their customer, according to Calyx.
Source: Calyx Software