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Kwik-App™Say Hello to Simpler Lending

Overview
Industry Impact
Featured Media
Specifications

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Overview

Kwik-App is an online loan application and the first step to making lending simple. As the core module for the Kwik-Loan platform, Kwik-App allows loan originators to quickly take applications in offices or over the internet. In addition, renewals are processed in a matter of minutes.

Kwik-App Features

Feature	Benefit
Tracking	Unlimited collateral and valuation, insurance and tax tracking.
Open Architecture	Open architecture allowing for easy integration with other systems, including GL and front-end origination systems.
Funds Distribution	Loans can be funded by check, or through Kwik-ACH or Kwik-Card.
Task Manager	Automates tasks related to loan origination process (including document generation), credit line extensions and approvals
Kwik-Decision Integration	Kwik-Decision provides loan originators with instant access to one, two or all three national credit bureaus (Equifax®, Experian® and TransUnion) from one application. It combines multi-bureau data into a standardized report format and eliminates duplicate trade lines for quicker analysis. Credit reports are delivered in just seconds to speed the finance process. FICO credit scores, fraud alerts, OFAC checking and other credit-related products are also available.

Kwik-App Benefits

Fast credit decisions and loan processing
Convenient online loan application form
Secure personal information protection
One single loan file—if any changes are made in closing, the entire loan file is updated
No re-keying
All digital files within the system—no paper folders
Extensive forms library
Accurate calculations performed instantly on screen
Automated auditing for errors
Compliant in all 50 states
Flexible, convenient printing options

Results & Industry Impact

Kwik-App™ converts the manual documents that provides all the essential information about the borrower into an automated process on which the loan originator bases the decision to lend.

It can accept the following types of loans: Real Estate Mortgages, Deeds of Trust, Adjustable Rate Mortgages, Land Contracts, Bank Loans, Finance Agreements, Personal Loans, Notes, Commercial Loans, Construction Loans, Auto Loans, Student Loans, Legal Judgments and Billings, Insurance Collections, Equipment Leasing, Retail Purchase Financing, Medical Servies, Equipment, and other types of loans in one comprehensive system. In addition, it can Print Statements, Checks, Coupons, Notices, and Amortizations.