The Loan Advisor's opening page is designed to run in either it's own window or within your Web site's frame. You have different color choices for the boarders and links or you can choose to not have the boarders at all and just select the color of your links.

iLoan uses two types of Artificial Intelligence, (AI), to advise and direct the user to select the most appropriate loan program for their personal profile. iLoan's first form of AI offers advice based on Neural Net Technology that analyzes the user 's data matching it against thousands of approved mortgage loans to offer advice on the top three loan programs that were selected by the matching approved loans.

More detailed advise is provided using the second form of AI. Case Based Reasoning is deployed to provide advise based on how the user answers additional questions that are controlled by the System Administrator. The System Administrator provides reasoning based on their own rules and knowledge of the programs they offer.

Each time the user changes the data, different personalized appropriate advise is provided. Now the user can look closer at the rate options provided for the loan program and scenario that best fits the their personal profile. From here they choose their rate option to receive a "Formal Quote".

This option to includes a live rates page for your site. The page allows users that do not need advise to quickly obtain a "Formal Quote".

iLoan rates are provided each day by the System Administrator. You have the choice to either use the system rates or set up a standard derivative for each system rate. You also have the option of entering your own rates. Both this page and the iLoan Advisor lead to the "Format Quote" where a complete "Good Faith Estimate" is then provide.

This page is a nation wide state specific live "Good Faith Estimate". All of the costs are estimated based on current title premiums and average vendor fees. You are in complete control of your fees for Origination, Processing. Underwriting, Document Preparation and Courier. Each of your fees can be set as a percentage of the loan amount or set as a flat fee.

If the user accepts the quote, then both you and the user are e-mailed a copy of the "Good Faith Estimate" and the user is then lead to either your own loan application or to iLoan's secure 1003.

The iLoan Secure 1003 allows the user to create a log in so they can return to the form not having to complete it in one session. The user data is stored on our secure servers and is made available to you in either XML or the popular Calyx© format.

Combining both the data in the "Good Faith Estimate" and the 1003, there are over 300 fields importable to your LOS system.

Get the Tools You Need to Compete

iLoan technology can be easily licensed and intergraded into your existing web site. All of the apply tools are available in complete source code. Hosting iLoan technologies require at least ASP and a 20 MB SQL Server. The SQL data base provides for a secure log-in for two levels of administration. An Enterprise License is available for web site developers interested in re-selling the iLoan technology.

If you are a mortgage software vendor, mortgage lender, realtor, or other entity that would like to add the iLoan quoting system to you site, please contact us.

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