Web Loan Application
How Important Are Loans to Your Credit Union?
Loans are an essential revenue stream for credit unions, so it is critical that your members have 24/7 access.
At IMSI, we understand that a well-designed Web Loan Application solution can be customized to incorporate your credit union’s branding and collect the necessary information required to make the loan process smoother. Our solution is tailored to provide an exceptional user experience from start to finish.
Creating a custom Web Loan Application also increases your brand’s trustworthiness and effectiveness to members and prospective members. A streamlined and targeted solution that provides real-time answers to members helps make your credit union services more valuable.
Our online loan applications tightly integrate with Corelation’s KeyStone to retrieve or validate members when applicable and bring the web transaction into the KeyStone Core. IMSI uses the power of the existing LOS system to perform automated loan decisions, enabling loan applicants to receive immediate responses.
Benefits of a Fully Integrated Online Loan Application
We understand that your team is always busy, and providing fast and accurate services to members while attending to other pressing duties can be challenging. Our Web Loan Application can help both your team and members in several ways, including:
Improving Efficiency
The integration between your KeyStone Core and the Online Loan Applications automatically retrieves and validates your members’ information when a loan application is submitted. Additionally, your credit union can reduce the amount of time your staff spends manually reviewing and communicating with members about the status, amount, and viability of their loans.
Enhancing Member Experience
With a user-friendly interface, real-time decisions on the loan, and a seamless process, members can experience a hassle-free loan application.
Boosting Revenue
With 24/7 access to loan applications and a quick turnaround time, members are more likely to seek loans from your credit union, resulting in increased revenue.