One Application, Multiple Lenders, Real-Time Decisions
Powered by a sophisticated lender and plan matrix on the back end and a seamless UI/UX on the front end, FinMkt's lender and plan waterfall turns complex business strategies into a simple, intuitive borrower experience.
Single Universal Application
A single universal application serves all participating lenders—capturing acknowledgment of required terms and conditions, disclosures, and consents, all logged and time-stamped. It also includes KYC and fraud checks, ID upload, OTP device verification, electronic signatures, co-applicant capability, and optional automatic payment setup.
Multiple Lenders
Control costs and meet customer expectations with a sophisticated lender and plan waterfall that supports custom first-, second-, and third-look configurations across the full credit spectrum. The matrix can weigh data including cost, lender, plan type, and credit profile—and unique offer codes let you control, on an application-by-application basis, exactly which plans are shared with each customer.
Real-Time Decisions
While complex, cutting-edge technology powers the lender waterfall, borrowers have a simple and fast application experience. Prequalified offers based on a soft credit pull are presented in real time, clearly displaying terms and disclosures so borrowers can easily compare and review options. Once a plan is selected, financing documents are immediately generated for electronic signature. Start-to-finish applications take only a few minutes to complete.
