New Automated Income Calculation Software Purchase Options for Mortgage Brokers, Small and Mid-Size Lenders
Edison, NJ – Monday, May 4, 2020 – Indecomm Global Services, a leading provider of automation, outsourcing, and compliance solutions for the mortgage industry, today announced the launch of the retail version of its IncomeGenius® income calculation automation software. IncomeGenius® Retail is now available for mortgage brokers and small and mid-size lenders who wish to utilize automation income calculations for their clients, yet do not need the full, flagship IncomeGenius® subscription. Licenses are available in packages of 8,15 and 25 loans to allow brokers, small and medium lenders to scale gradually.
“IncomeGenius® Retail makes automated income calculations accessible to small and mid-sized lenders and mortgage brokers who wish to gain efficiencies and accuracy in their income analysis process,” said Rajan Nair, CEO Indecomm Global Services. “This new product expands the availability of mortgage automation to a new market sector and provides opportunity to streamline an important part of the origination process, shorten loan cycles and improve pull-through rates. As brokers, small and mid-sized lenders look to concentrate their efforts on a high-quality pipeline, IncomeGenius® Retail is available to make those determinations upfront.”
IncomeGenius® is Indecomm’s automated solution for income calculations and analysis. IncomeGenius® acts as an Income Center and consolidates income documents from the borrower and source of truth data into one cohesive view. By automating complex income calculations, IncomeGenius acts as an integral part of any lender’s automation journey.
With the process of calculating income simplified and automated, IncomeGenius® can be used at the start of the loan process by mortgage loan originators and processors to obtain accurate income which improves the borrower experience. For example, it speeds up the loan process for self-employed borrowers who typically submit multiple documents and tax returns for income analysis. In addition to acting as a job aid, IncomeGenius® also generates a cash flow analysis (CFA) and provides a clear audit trail.
About Indecomm Global Services
Indecomm Global Services is a leading provider of mortgage technology and outsourcing for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm provides automation solutions, software as a service (SaaS) technology, outsourcing services, and compliance solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow. Visit indecomm.com or call (732) 404-0081 to learn more.
Krista K. Sabol – Director of Marketing
Indecomm Global Services
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