Mortgage Originations

Avelo’s Mortgage Originations system has been designed to provide lenders with a transformational mortgage originations platform. It works with a lender’s sales channels to seamlessly manage the whole mortgage process.

The system is designed around the concept of fully automated case progression, with human intervention only by exception. This delivers significant processing efficiencies over traditional mortgage originations systems and represents a genuine leap forward in the market.

The system includes a set of pre-configured, best-practice mortgage originations processes and functions which facilitate rapid deployment, reduced costs and reduced project risk.

What’s more, lender’s specific requirements such as rules, products and lending criteria can be tailored rapidly using a suite of configuration tools, designed to be used by business users.

Avelo mortgage originations

We underpin the distribution strategies of many of the UK’s leading banks, building societies, lenders and intermediaries.

• Several major banks and building society clients
• Registered users circa. 40,000
• Enterprise-class solutions and an outstanding delivery track record
• Solutions covering all distribution channels
• Handles all mortgage types, including mainstream, complex and off-set
• Currently 1 in 4 UK mortgages go through our systems

Automating the mortgage originations process provides measureable and tangible benefits, including: cost savings, operational efficiencies, greater customer service and reduced underwriting risks.

• Straight-through-processing – automating your mortgage sales and originations processes and driving out costs
• The best of both worlds – instant this, instant that! Well that's ok but sometimes a human needs to get involved. The solution provides seamless referral to your staff for applications that don't quite fit your automated processing. This means you minimise risk and maximize every sales opportunity.
• True paperless processing – which increase operational efficiency and drives down costs
• Integration to your existing systems – the solution is designed to integrate seamlessly with your existing systems and services, including customer servicing, CRM, banking platform etc.
• Self sufficiency – configuration tools provides business users with the ability to implement changes to products, documents, rules, service levels and so much more. Enabling lenders to be self-sufficient in day-to-day business operations.