Centralized Loan Approval
- Branches &/or dealers submit applications
- Instantly viewed by one or more experienced loan reviewers
- Instant electronic communication between approver and branches/dealers
- Document Imaging-scan documents at branch/dealer for instant review by the approver
- NO MORE FAXING OF APPLICATIONS AND OTHER DOCUMENTS!
Address Verification
Ensure all new loans are entered with a valid address. A search is performed against a North American US based address database which will notify of a discrepancy or alert that the address cannot be verified/found.
OFAC Verification
The Office of Foreign Assets Control (OFAC) name verification is available in Unity. A search is performed against the “Specially Designated Nationals and Blocked Persons List” database to ensure the name of your client is not found at loan origination.
Credit Bureau Inquiry
Unity eliminates the need for duplicate entry with our integration into Credit Bureau.
Enter information in the appropriate area and:
- Credit report is displayed on the screen for viewing/printing
- Application fields are populated with creditor information
- All credit reports are saved for future viewing
Document Approval
Integrated Document approval allows all authorized employees to have instant online access to any origination documents thus eliminating copies being mailed or transported to main office.
This option includes electronically mandating scanning of mandatory documents
Document Imaging
Document Imaging is integrated with the Unity system. Scanned documents replace copied images on file reducing storage space. Save time by enabling employees to quickly & easily view or print documents at the press of a button. Documents are readily available while approving a loan, taking payment or handling collections. Documents are indexed by social security number. Images can be created from a flatbed or multi-page scanner.
Auto Value Inquiry
Credex has integrated Black Book into Unity to give our clients the convenience of easily establishing “Auto Value” without leaving the system. Black Book is widely known and highly respected in the industry for offering timely, independent and accurate used car values.