Liabilities Analysis
Streamline automated liabilities analysis within AutomatIQ®
Speed and precision ensuring deep insights
Say goodbye to a slow, manual liabilities analysis process.
AutomatIQ Borrower Liabilities Analysis is designed to simplify the entire process. By using cutting-edge technology, our solution allows lenders to analyze liabilities with unmatched depth and data-driven insight.
Expedite loan origination processes
Using Liabilities Analysis after a credit pull allows loan officers to accelerate the origination process with an accurate and precise evaluation of liabilities and monthly debt obligations. Our solution can be integrated into loan origination systems (LOS), reducing requirements for extensive guideline expertise.
Streamline underwriting with early alerts
Liabilities Analysis identifies critical items early, providing upfront document collection, condensing the underwriting life cycle, and driving operational efficiency.
Standardize liability review process
With Liabilities Analysis, GSE underwriters can accurately apply agency-specific liability calculations and dispositions without manually referencing complicated guidelines.
Expedite loan origination processes
Using Liabilities Analysis after a credit pull allows loan officers to accelerate the origination process with an accurate and precise evaluation of liabilities and monthly debt obligations. Our solution can be integrated into loan origination systems (LOS), reducing requirements for extensive guideline expertise.
Streamline underwriting with early alerts
Liabilities Analysis identifies critical items early, providing upfront document collection, condensing the underwriting life cycle, and driving operational efficiency.
Standardize liability review process
With Liabilities Analysis, GSE underwriters can accurately apply agency-specific liability calculations and dispositions without manually referencing complicated guidelines.
Accurately determine your borrower's liabilities
AutomatIQ Borrower Liabilities Analysis transcends traditional underwriting boundaries by offering a detailed, transparent, and regulatory-compliant solution poised to elevate the efficiency and borrower satisfaction of lending practices.
Intuitive interface
We have modernized the manual liabilities comparison process by introducing an intuitive interface that correlates application-reported liabilities with credit report equivalents while discarding irrelevant tradeline data. Our solution further refines the user experience with efficient, automated analysis.
Undisclosed debt identification
Pulling in data from both AutomatIQ Borrower Income Analysis and Assets Analysis, the system looks for discrepancies, recurrences, and red flags to spotlight potential discovered liabilities and provides tools to easily review and incorporate them into an underwriter’s loan analysis, helping to reduce errors and increase accuracy.
Investor-specific guideline selection
The customized analysis feature allows users to apply investor-specific guidelines, with options for FNMA, FHLMC, FHA, and VA compliance. This flexibility helps address liability anomalies through customized red flag alerts, debt exclusion norms, and precise monthly payment calculations.
Interactive visualization features
By merging liability assessments into workflows like Encompass, this solution streamlines the origination process and enhances operational throughput without compromising on integrity or detail. Additionally, it delivers graphic interpretations of financial obligations, simplifying complexities and communicating liabilities for quick, informed decision-making.
Intuitive interface
We have modernized the manual liabilities comparison process by introducing an intuitive interface that correlates application-reported liabilities with credit report equivalents while discarding irrelevant tradeline data. Our solution further refines the user experience with efficient, automated analysis.
Undisclosed debt identification
Pulling in data from both AutomatIQ Borrower Income Analysis and Assets Analysis, the system looks for discrepancies, recurrences, and red flags to spotlight potential discovered liabilities and provides tools to easily review and incorporate them into an underwriter’s loan analysis, helping to reduce errors and increase accuracy.
Investor-specific guideline selection
The customized analysis feature allows users to apply investor-specific guidelines, with options for FNMA, FHLMC, FHA, and VA compliance. This flexibility helps address liability anomalies through customized red flag alerts, debt exclusion norms, and precise monthly payment calculations.
Interactive visualization features
By merging liability assessments into workflows like Encompass, this solution streamlines the origination process and enhances operational throughput without compromising on integrity or detail. Additionally, it delivers graphic interpretations of financial obligations, simplifying complexities and communicating liabilities for quick, informed decision-making.
FAQ
How does Liabilities Analysis improve the loan origination process?
What are the essential functions and features of liability analysis?
Can Liabilities Analysis integrate with my Loan Origination System (LOS)?
Can Liabilities Analysis identify potentially undisclosed liabilities?
Can I use a credit report from another credit provider other than Cotality CREDCO?
Can I use multiple credit reports if I have multiple borrowers and/or multiple applications on the same loan?
How can we help you?
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