Expert Lender

Expert Lender is a Loan Origination System(LOS) that covers the complete customer cycle in the loan application process from loan application to cheque issue. The system tracks loan applications through the entire loan origination cycle, incorporating the following key stages:

• Application Submission
• Decision
• Initial Underwriting
• Document Processing
• Underwriting
• AML
• Payout
• Completion

The Expert Lender solution manages the complete workflow required to initiate and complete loan applications. Users have the ability to perform the following functions:

• Initiate a loan application
• Record all applicant details
• Score the applicant
• Pass the details to underwriters
• Flag all documentation requirements (Copy of ID, Household bill etc.)
• Accept (scan and index) all incoming documentation and associate it with an application
• Produce all relevant outgoing documentation (Loan offer letters etc.) at the appropriate stage in the workflow

Ergo has extensive experience with delivering Loan Origination Systems (LOS) to conventional and specialist lenders.