Technology Innovations in Private Lending
One of the greatest benefits of private money loans is speed. However, with that faster processing window comes the increased demand for real-time information. Enter: Origin8® — the cornerstone of innovation for Civic Financial Services, delivering an exceptional, private-labeled experience for today’s broker and your customers.
Origin8 is one of the first secure cloud-based online portals for private residential lending, designed for ease, flexibility, and transparency – but also designed with your wholesale business in mind. Bells and whistles aside (we’ll get to those shortly), what makes this truly unique is the power it gives you to brand your client’s experience to your business instead of the lender’s. Because, let’s be honest, you want your hard-earned clientele to be constantly reminded of the white-glove service you’re providing, and not the financial transaction alone.
Today’s real estate investor wants to conduct their business just as any other customer does — fast, simple and at their convenience. For some brokers, depending on the systems and resources available, streamlining a process with numerous moving parts can be quite challenging — especially with multiple clients and properties. As the relationship manager and main point of contact for your clients throughout the lending process, Origin8 is completely customized to you and your business.
The technology delivers a seamless digital lending experience that can be white labeled to your business, starting with a personalized website to direct borrowers to, enabling your customers to request a “quick quote”, check rates, submit an online application, upload documents and check loan status online, from any device, 24/7. It is packed with features that include real-time pipeline views which display loan status and outstanding underwriting conditions, and a document management interface to allow uploaded documents to satisfy conditions immediately. But wait – it gets better…
Emails generated throughout the process display your logo with no mention of CIVIC, you can choose from six different color themes for your personalized website, and you can quickly generate an LOI with your logo on it. Have a support team? No problem. With its seamless digital broker approval process you’re granted the ability to independently manage your users and your customers, making it easy to add internal team members to access the platform, such as LOs and processors.
Ordinarily, customers would have to get in touch with you during business hours to run through a scenario to even get an idea of pricing. Now, with Origin8, they have pricing available at their fingertips 24/7, and you keep control of the process. Hundreds of quotes are being run through broker Origin8 websites by customers who have no human interaction with anyone, and that is a key indicator of the success and demand for a fast, easy, digital resource. Consider this:
Sales Superpower: Origin8 is the Superpower sidekick you’ve been waiting for. It allows you to focus more time on finding new clients and nurturing your existing ones.
Smooth Operations: Automate manual steps, eliminate redundancies, consolidate documentation, and streamline communication to expedite the loan process and ensure an on-time closing.
The Need for Speed: Time is money. Origin8 dramatically reduces closing time, getting your customers from quote to closing with speed and simplicity.
Increased Accuracy: With no need for handwritten applications, documentation accuracy is improved and human errors are reduced in the process.
A True Digital Package: More than just an online application, Origin8 is the most robust lending platform in the private lending industry. It enables you to conduct business with your clients at the speed and transparency they desire and enables white labeling so the innovative closing process can be done digitally under your own brand.
Juggling multiple loans simultaneously just got easier, and the customer experience for your savvy real estate investor clients just got better. As an institutional private lender, CIVIC developed Origin8 not only to simplify and expedite the lending process, but to help you provide borrowers with the level of transparency they demand. The platform, personalized with your name and branding, has improved conversion from quick quote to application, and from application through funding. CIVIC understands the needs of our broker partners and is committed to investing in innovations and technology that enhances the efficiency and transparency of our broker platform.