Store all your investors’ information in Loan Producer from commitment information, eligible loan parameters, to loan products and property types each investor accepts. If you use the optional business rules engine Rules OnDemand module, you can create each investor’s eligibility requirements. Track investor pricing, investor lock and expiration dates, and shipping and settlement dates.
Always know the position of your pipeline with numerous secondary marketing tracking tools including real-time commitment screens, the real-time My Work List tracking tool, pipeline reports, commitment reports, investor locked loan reports, aging reports, fallout ratio reports, investor commitment status reports, available loans for sale reports, and many more helpful built-in reports.
Automated Loan Delivery, Fannie Mae, Freddie Mac
Loan Producer creates the data files to deliver your Fannie Mae and Freddie Mac loans electronically. Simply upload the loans into Fannie Mae or Freddie Mac’s loan delivery systems. Obtain the efficiency you deserve and never again re-key loan information for your investor.
If selling loans to Ginnie Mae, Loan Producer also creates the required GinnieNET file to electronically upload the loan to Ginnie Mae without having to re-key the loan data.
Fannie Mae 3.2 File
Almost all private investors utilize the 3.2 version of Fannie Mae’s 1003 file for electronic upload. Simply click an icon in Loan Producer to create the file and then upload it to your investor instead of re-keying it into their system.