Non-QM residential lending specialist Sprout Mortgage is launching BROKER AdvantEDGE: a series of operational improvements that will help brokers enhance the borrower experience and expand their businesses.
The first phase of BROKER AdvantEDGE is designed to streamline fee management. Using the new fee management feature of BROKER AdvantEDGE, brokers can gain increased accuracy by controlling data input, immediately access compliance results prior to loan submission, fill out fewer forms and worksheets, and preview loan estimates before submitting loans for disclosure.
“It’s time to rethink the loan estimate,” says Nicholas Imbimbo, Sprout’s executive vice president and COO. “The launch of our advanced fee management mechanism eliminates process steps and provides much greater visibility into what borrowers will see related to lender fees.”
Sprout’s loan programs are accessible through many widely used mortgage product and pricing engines, including Black Knight Inc.’s Optimal Blue PPE, Loan Sifter, EPPS LoanNEX and Mortech.
The company says it will continue rolling out pieces of BROKER AdvantEDGE throughout 2021.