Industry NewsTechnology

Application tracks loan process online

Agents, borrowers can track milestones
Published on Dec 15, 2008

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by CareyBot

Loan originators are inviting borrowers, real estate agents, title and escrow officers, appraisers, and just about anyone else involved in a home purchase or refinancing to track the loan approval process online using Sthenia Solutions' LoanMarq application.

LoanMarq tracks 73 milestones and more than 30 documents involved in originating, processing underwriting and closing a loan, generating updates and reminders and allowing all participants to check on a loan's status.

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