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Update: Qvault launches myREconnection™ for REALTORS®.
How Does Status Sweep™ bring you more profit?
Status Sweep™ Increases Revenues by:- Boosting customers referrals
- Providing new business opportunities
- Retaining Top Producers
- Recruiting Loan Officers without adding office overhead
Status Sweep™ Creates Savings by:
- Reducing administrative burden
- Minimizes telephone interruptions
- Limiting processing overhead
- Decreasing consumable expenditures
- Reducing cold storage costs to zero
- Eliminating reproduction costs
- Shrinking document mailing costs
Status Sweep™ Streamlines Operations by:
- Instantly accessing current and historical documents
- Reducing document transmittals
- Ensuring file compliance
- Guaranteeing Audit preparedness
- Safeguarding data
Status Sweep™
More Information:
Status Sweep™, assists mortgage professionals by building & supporting partnerships:
- Leverage automated email communications to all parties involved
- Utilize web status updates to keep Loan Officers, Staff, Partners and Borrowers up to date on the status of a file in processing.
This builds trusted partnerships and it keeps the borrower informed at all times;
Frequently, there are new disclosure requirements that mandate you to keep the consumer up to date on the details of their loan application; Status Sweep™ can take care of that for you. Using its secure web platform, details of every loan in your pipeline are pushed to dedicated websites for each respective borrower, affinity partner (i.e. Real Estate Agent), and loan officer. This enables seamless and integrated communication around required documents on every file.
Status Sweep's™ compliance friendly features date and time stamp every communication. Documents can be requested and received from the borrower from within the loan officers and/or borrowers personalized web sites. In addition, borrowers can log questions providing the loan officer and/or processor with the opportunity to "post" responses to the questions from within their personalized web sites in Status Sweep™.
This form of communication is fully auditable and can replace the burden of managing email communications with borrowers, which are often a threat to the compliance processes in your mortgage operation. Used by the largest (and smallest) mortgage operations in the United States, Status Sweep™ is scalable to meet the needs of your loan officers, processors, partners and borrowers.
"Status Sweep™ is the single most important tool we have managing the back-bone of our operations" - Ervin Kowitz, Priority Financial - Baltimore, Maryland
"We have been able to attract top notch Loan officers by simply showing them how great this product is! They love it, we love, but best of all our business partners and clients love it!"
- Mark C, The Mortgage Group, LTD - Fall River, Mass