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SaM Solutions Unveils New Loan Origination System

NationalMortgageProfessional.com
Oct 25, 2010

SaM Solutions US has released Engage, a loan origination and processing system designed for community banks, brokers, credit unions and midsized banks that they can deploy from the initial application to the funding stage of a mortgage. SaM Solutions has more than 15 years experience in building, releasing and maintaining software solutions for the mortgage and financial industries. “This system provides users with a technologically sophisticated, elegant, seamless, and intuitive loan origination system,” said Aaron Cope, director of business development for SaM Solutions. “We think this system represents the next generation, one that brings a level of sophistication that didn’t previously exist in the marketplace.” The LOS was designed to be customizable to fit the needs and workflows of clients. “We designed this system to be adaptable and that meant that we made it easy to customize and inexpensive to do so,” said Cope. Engage is a three component Web-based platform that handles all loan related activities. ►Engage Loan Origination System: A solution for origination and processing mortgages, covering the origination process from the application to when the loan is approved and funded. ►Engage User and Client Management: Helps users manage the system, including creating new accounts, granting permission to view activity reports and establishing a permissions policy. In fact, administrators are able to define access levels through an application that walks them through each step of the process. ►Engage Business Rules Engine: The heart of the platform provides an intuitive, powerful method for setting up business practices such as origination and underwriting guidelines, price and rate adjustments, and default loan fees separately by client, state and product. Each product option can be setup in the rules engine. For more information, visit www.sam-solutions.com.
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