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We designed Orinator to be fast and easy to use.
Our HTML interface ensures that the entire origination process is easy to
navigate from any device like your smartphone, tablet, or laptop.
Unlike most origination systems, which focus only on mortgages,
Originator can originate auto loans, auto leases, mortgages,
commercial mortages, and business loans.
In the case of commercial mortgages, we can allow your agents
to take pictures in the field for verification of real estate assets,
and upload these pictures, using Originator on their smartphone.
In the case of an auto loan, we can take in deals from DealerTrack,
and verify the worth of the asset using CarProof and Black Book.
Then we can check the credit worth- iness of the customer using Equifax.
And, for traditional mortgages, we use partners like CMHC, Equifax,
and we can accept deals from the Davison Henderson Expert system.
Once you've gathered all the customer information,
and all the information from third parties regarding the deal,
we can submit the deal to Equifax's iDecision,
or submit the deal to Originator's decisioning engine,
that has been developed with your specific acceptance criteria.
And through every step of origination the user has access to the
Originator scorecard, which displays basic credit criteria such as
loan-to-value, gross debt service ratio, and total debt service ratio.
And in the case of a commercial deal, the scorecard will display
debt service ratio, and loan-to-cost ratio.
At the very end of the origination process, you can upload your deal
to a loan system like Portfolio Plus, or another platform.