As GOLDPoint Systems (GPS) continues its journey towards a fully web-based future for its products, the functionality offered by The Lending Engine grows more complex. And, of course, when discussing complex functions of loan servicing, it’s only a matter of time before origination joins the chat.
Loan origination is, to put it mildly, a beast. For many years, GPS has provided GOLDTrak PC (GTPC) as its main desktop-based loan origination product, and for many years GTPC has done a fantastic job. It has helped GPS reach great heights as a force in the industry and originate billions of dollars in loans. But GTPC is also a big, complex, labyrinthine program that is long overdue for a facelift.
That facelift is called GOLDTrak Online (GTO), our new loan origination app in The Lending Engine:
GTO
Your institution’s employees can use GTO to complete every step of the loan origination process. GTO is also joined by a companion setup app (GTO Setup) which provides user-friendly tools to create application templates that serve your institution’s specific needs:
GTO Setup
There are many reasons why you should ask your GPS account manager about implementing GTO as soon as possible:
- GTO communicates with the Automated Workflow Engine (AWE) and integrates its decision-making processes (in fact, AWE functionality is a requirement for using GTO).
- GTO also communicates with the Document Engine to integrate your institution’s origination docs with your applications.
- At-a-glance application summaries are provided from the main screen, no need to open the application itself.
- Save time in the new application process by copying information from existing applications, including borrower and collateral data. You can also fill applications for existing customers quickly by looking up the information tied to their SSN.
- Seamlessly swap applicant and co-applicant information, or add/remove applicants entirely, at the simple push of a button.
- Attach notes to applications that other employees and supervisors can review. You can also view the history of all activity that has taken place on an application using a separate dedicated tab.
- GTO Setup makes the process of creating application blueprints easy and intuitive. Click and drag on the provided controls to design a blueprint with separate tabs, headers/footers, individual fields, and pre-defined field groups. This is also where you define which engines and documents the application will communicate with.
- GTO-specific user security roles, which are access settings separate from the main Lending Engine definitions, can be defined to indicate which employees are allowed to engage with certain aspects of an application (each individual field, button, and field group in an application can have its own particular access restrictions defined).
- As with all GPS products, additional functions and options can be added to GTO according to client requests. If GTO doesn’t do exactly what you want, then call us and let’s make it so.
As always, GPS strives to provide its clients with the best possible tools for success in the industry. GTO and GTO Setup are no exception, and serve to streamline and simplify the loan origination process for employees, customers, and management alike. Contact your GPS account manager for more information or see documentation for GTO in the Help Center.