MortgageDashboard, a provider of on-demand mortgage software, has unveiled a new on-demand, pay-per-loan mortgage banking software platform.
The new offering will give community banks, credit unions and other mortgage lenders a complete, end-to-end mortgage banking system for $50 per closed loan – a fee that is billed to the institution as document preparation and then charged back to the borrower at closing.
MortgageDashboard's banker system is a Web-based, on-demand solution hosted at a secure SAS 70 Type II data center and has exceeded the due diligence requirements of the company's state and federally regulated bank customers, the company says. MortgageDashboard provides free training to support the system.
Source: MortgageDashboard