Business Problems and Credex Solutions

Problem: You Need More Business
Isabella is a Mortgage Broker who recently decided it was time to open her own business. She loves working independently, but knows it requires a lot of energy to get her business up and running. She's also scrambling to get enough referrals to make the big bucks she envisioned. How can Credex help Isabella generate more business?

Solution: Credex AppWizard™
With Credex, Isabella can share her Credex AppWizard™ tools with referral partners: real estate agents, insurance agents, financial planners, anyone she shares referrals with — Isabella is instantly able to make connections. Her partners can post her Credex AppWizard™ link on their web site, or send the link via email to their clients looking for a loan. Either way, all referral information is immediately sent to Isabella directly through Credex.

Problem: How to Qualify more Borrowers
Meet Chuck. Chuck has an unusual borrower, with very specific ideas about the loan program they'd like to use. But, Chuck pulled their credit, and their score is close, but just doesn't measure up. How can Credex help Chuck meet his customer's needs?

Solution: Integrated CreditXpert Credit Analyzing Tool
Credex has a special value-added feature that helps Chuck analyze and understand his borrower's credit information. By using this unique feature, Chuck is able to help the borrower improve their scores to get the loan — and home — of their dreams. And the more Chuck can help his borrower, the more they'll remember him and refer him to their friends.

Problem: Spending too much on Credit Report Fees
Tom has spent years building his firm into a well-oiled machine. He can leave the office, and the loans keep coming in. But, in a recent assessment by his accountant, it turns out he's losing thousands annually due to credit report fees. On a per-loan basis, it never seemed like it would matter, but $15 here and $20 there, and before you know it, it's adding up. How can Credex help Tom save money?

Solution: Borrower Pays for their Own Credit Reports
Tom may have been getting a great price on credit reports, but if the loan doesn't close, chances are those costs are going to come out of his pocket. With Credex, Tom can manage his credit costs with multiple billing options.

When Tom uses Credex, borrowers can pay for their own mortgage credit report up front, and he gets their credit report at no cost, even if the loan doesn't close. And, there are no invoices, reimbursements or billing issues, either.

And if Tom wants to pay for a borrower's credit report, he can do that too using a personal or company credit card.

Problem: Reporting and Compliance Headaches
Stella is a loan officer with plenty on her plate. As a loan officer, she's responsible for communicating to both brokers and customers. She also needs to track all of the incoming and outgoing details. And, while she'd love to have an assistant, that just doesn't seem likely. How can Credex help Stella stay on top of things?

Solution: Credex LeadVault
With all the tools that Credex provides, Credex can virtually eliminate all the non-revenue generating activities from Stella's day-to-day operations. Reporting, communications, compliance, credit report management - all the things she does everyday can be "assigned" to her new personal assistant - Credex.

Problem: Missed Opportunities
Johnny is a young broker out to conquer the world one deal at a time. He's got great ideas and energy to spare. But, while Johnny's out there buying leads, calling his borrowers and doing anything he can to grow his business, he knows he's still missing opportunities. There are only so many hours in a day to get back to potential customers either on the phone or in person. How can Credex help Johnny from losing out on missed leads?

Solution: Credex AppWizard™
With AppWizard™ Johnny can give his borrowers the opportunity to fill out an application online and pull — and even pay for — their own credit report. When they're done, all their information instantly drops into his Credex account and he is immediately notified that he's got a hot new lead ripe for the picking.

And Credex can take applications anytime, any day, from any number of applicants. There's no limit. Johnny can now generate as many applications in a single day as he was getting in an entire month. With Credex, Johnny can do more than he imagined!

Problem: Managing Sales Leads
Joanna's tired of playing phone tag, losing messages, and missing faxes — she knows it's "industry-standard" but...she'd like to do better. Her co-workers tell her just to "chalk it up to the cost of doing business." But, that's just not good enough for Joanna. How can Credex help Joanna manage her leads?

Solution: Lead Management and Instant Notifications in Credex
There is a better way for Joanna. Credex uses today's popular communication tools, like her cell phone, and makes it all so easy to track new leads, communicate with her borrowers, even securely share files with her loan team.

And did someone mention a vacation? With Credex, Joanna can share files with her designated team members in a private, secure environment so her team can process her files. Joanna's business keeps on running — even when she's lounging.