LoansPQ is a state-of-the-art automated lending system that simplifies the lending processes and delivers a sophisticated yet simple means to facilitate the borrowing needs of a credit union’s valued members. Its powerful decisioning engine analyzes applicant credit data using the specific underwriting guidelines of YOUR loan products and programs to determine a loan pre-qualification or referral. LoansPQ is fully integrated into i-POWER, so that a loan booked through LoansPQ is simultaneously booked into i-POWER for ongoing management of the loan
Key Features
Customizable pre-qualification engine.
Collects applicant information, analyzes credit and loan data, and delivers an automated decision.
Loan officer and applicant component: Loan officer uses full LoansPQ application within your credit union. Optional member-facing website allows members to Apply for loans online. Check on their loan status.
Letters, applications and other forms can be integrated.
Captures digital signatures using electronic signature pad.
Seamlessly books loan information into i-POWER.
Seamlessly imports member information from i-POWER.
Comprehensive administration and management reporting system.