FICS Announces New Online Mortgage Loan Application System

Financial Industry Computer Systems Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, has released a new online mortgage loan application system, LPOnline.

LPOnline offers a completely embedded loan application within the lender's existing Web site. Borrowers are able to enter personal and confidential information in their lender's familiar Web site rather than being directed to an unfamiliar third-party loan application Web site.

Increasing the comfort level for borrowers raises the rate of completion and accuracy of submitted loan applications, FICS notes.

Source: FICS


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