Loan Origination System
oFlows takes loan origination systems to a new level. Everything you need from the initial application to final decision is included - online application forms, e-signature documents, online identity verification, electronic disclosures, infinite logic credit decision engine, paperless supporting documents, fraud warnings and OFAC checks. Because it is all part of a single system, everything is seamlessly integrated. All your channels are supported so applications taken online, over the phone and in the branch use the same sophisticated rules engines and flow into the same paperless back office system.
We start with a totally customized user experience that looks exactly like your web site - not just a logo on someone else's template. All of the elements on every page are customizable - and you can easily make changes yourself at any time. That goes for the business rules and credit decision engine as well - you are in complete control of your products and business rules at all times.
With oFlows' intuitive interface and completely paperless workflows, your underwriters spend all of their time making informed decisions and helping clients - not chasing paper. Everything they need to make fully informed decisions is at their fingertips including key credit file data and affordability calculations, numerous fraud scores and internal account history information.
Also, for credit unions the membership application processing is seamlessly integrated into the oFlows loan origination system so your new members have a smooth member experience.