The agency lending portal is a specialized offering for Fannie/ Freddie/ FHA lenders. It is specifically configured for agency underwriting, comparison of loan options, and submission of the loan to the agencies… either through legacy methods OR through their new B-2-B platforms.
Even more significant than serving as an LOS for your agency deals and interfacing through B-2-B, is the fact that this solution provides a migration path away from the legacy, excel-based underwriting and submission forms.
The agency lending portal is cloud-based, so it can be integrated into your operation and systems however it makes sense for you.
Simplify Every Step of the Agency Lending Process
- 100% web-based service (SaaS)
- NO Excel required!
- Functions provided:
- Online Loan Setup
- Excel Import (optional; cashflow/rent roll to full workbook)
- Pipeline/Deal Status Tracking
- Complete Deal Data Validation
- XML Submission (fully-automated creation/submission to Freddie/Fannie)
- Submission Results Display/Resolution
- File Cabinet (all file types)
- Compliance Reports/Docs/Forms
- Ad Hoc Query Tool
- Built-in Security Admin Module
- Help Desk
Expedite
Underwrite and submit to Fannie Mae or Freddie Mac
Quoting/ UW in North Shore
- Create sizing records or quotes for Fannie Mae, Freddie Mac, any GSE, or any other program type all on one screen
- Compare key resulting values such as DSCR and LTV across programs
- Select the main record when you are ready to submit a quote through the Business to Business web service
With a Single Click
Deal Status and outstanding items are summarized for the borrower/ broker.
Agency B2B with North Shore
- Fully-compliant: guaranteed to comply with agency specifications and future releases
- Improved efficiency and cycle time: removes manual processes and Excel template issues
- Automated Validations: Business rules validate the deal for compliance before submission
- Easier Submissions: Quote to both Fannie Mae and Freddie Mac without creating 2 different upload formats
- Flexibility: the system supports upload and download of excel templates but can also replace existing templates (LST) altogether
Fully-Integrated Agency Business Rules
- Run the business rules for the program type selected
Features & Functions
- Online Loan Setup
- Excel Import (optional; cashflow/ rent roll to full workbook)
- Pipeline/ Deal Status Tracking
- Complete Deal Data Validation
- XML Submission (fully automated creation/ submission to Freddie/ Fannie)
- Submission Results Display/ Resolution
- File Cabinet (all file types)
- Compliance Reports/ Docs/ Forms
- Ad Hoc Query Tool
- Built-in Security Admin Module
- Help Desk
Available 3 Ways
1. Stand-Alone
- Web-based software as a service (SaaS)
- Charge per loan submitted
2. Bolt-On
- Integrated with your existing systems
- Integration services provided
- Charge per loan submitted
3. Full LOS
- Component of North Shore LOS solution
- No additional cost for submissions