Automate your loan review process with configurable templates that can be tailored to match your existing style, and easily capture new narrative and analysis while maintaining loan-specific details based on the effective date. With appropriate access rights, users across multiple departments can easily view the status, add additional documentation, insert tables, financials, narrative, and more.
Bank-specific findings can be captured, reviewed, and cleared using a collaborative process between loan reviewers and loan officers, providing dramatic efficiency improvements. Completed reviews can be approved with dynamic workflow, creating follow-on action items if needed.
- Support for Loan Review Plans to manage specific loan reviews for a given period
- Ability to seed Review Plans with custom filtering criteria
- Loan level tracking of last and next review date, as well as review period (quarterly, annual, etc.)
- Auto-insertion of custom financials templates
- Relationship based reviews
- Option to auto-populate the content and narrative from a prior review while updating loan level fields based on effective date
- Rule based approval workflow with detailed audit trail
- Ability to assign each finding to a specific loan officer for remediation
- Creation of post-review recommendations (change to risk rating, non-accrual, etc.) that automatically create separate approval workflow