How Valenta Loan Processing works with Connective mercury?

We have also designed an online portal to make it efficient for brokers to collect documents from clients. A good collaboration between a mortgage broker and a loan processor can see a mortgage broking business grow to new heights.

What is Connective Mercury?

Connective is a website or program which acts a repository where information, financial policies and related documents or items and contents are collected and stored. It’s a transparent application helping brokers aggregate or speed up the business by displaying them or linking them.

Why is Connective Mercury used?

• Connective has made some of the work easy for brokers to access the right resources with effective linking to related information.
• It also provides up-to date lender requirements to the Brokers to keep abreast of any changes in the lending policies.
• Stores information related to loan, borrowers, tax, insurance etc
• It makes serviceability calculations easy for the brokers by providing information related to calculation policies.
• Interactive security guidelines are stored and linked for broker use.
• It provides Federal, State guidelines to be followed for Credit Lending.
• Status of the loan is interacted through the application with the related banks.
• Effective interaction enabled across all channels of Banking.

Benefits of Valenta Loan Processing from Connective Mercury:

• Documents can be stored and reused easily.
• TFN removal is one touch go which helps to remove the TFN in the document without any hassle.
• Borrowing capacity calculation made easy. (Eligibility)
• Easy calculation of loan amount or funds required to complete the transaction
• Many number of products and lenders at our fingertips to make suggestions to brokers and customers.
• Lender contacts, lender documents are readily available and do not have to go to the banks website to download it.
• Tasks can be added as per our requirements and monitoring of the files becomes simpler.
• Helps to keep NCCP up to date. All the documents are already available and ready to print when needed.
• Easy Lodgement through Connective.
• Everyday new update stored and made interactive through Connective.
• Browse through lender customer care number and BDM as well.
• Settlement summary report made easy every month.

Features of Connective Mercury:

• Interactive and adaptable technology with correlated links.
• Amend and Re-amend details as per customer requirements related to the chosen banks.
• Generating new compliance documents as per chosen banks regulation.
• Easy access to email client through the same.
• Maintains Data security.