HELOC/Revolving Credit Software
Automatically generate notices dictated by State and Federal regulations. Deliver robust reports on-demand and with minimal user input.
Features:
Assess finance charges and generate billing statements in a single step
Generate detailed account activity, summarized information and finance charge calculations
Automate the entire draw process
Generate notices and informative management reports at any time
This module automates crucial notices on a regular schedule and for relevant account events so that you don’t have to do them manually. And if you have multiple funding sources, the built-in assistant will accurately distribute mid-month cash advances to multiple sources or lenders, prorating disbursements accordingly. Everything is efficiently coordinated, automating tedious tasks that would otherwise be eating up staff time.
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