New Mortgage Process System Being Offered

In one more move to make the mortgage process more streamlined, BancTec has released eFirstOrigin, a business system that supports a smooth mortgage life cycle. The service includes document management data capture and point of sale facilities for its clients. BancTec is known for providing quality and reliability lenders and brokers alike. The hope is that the UK mortgage industry will be brought into a period of functionality and superior support.

The system covers all types of mortgages, securing end-to-end coverage of the loans. The program also facilitates commercial lending, reverse mortgages, equity release and second holding mortgages in a timely and productive manner. The software is user friendly and installs in a short period of time to most mainframes; the program also seamlessly integrates existing information into eFirstOrigin. The program provides real-time updates and is online 24 hours a day for easy access and loan tracking. BancTec expects that, if the platform meets expectations, they could export the program to other mortgage markets, including the US.