Automated lending and grant technology to help community lenders deploy more capital, more efficiently.
Mission Driven Lenders (CDFIs, Credit Unions, Community Banks) support our communities with affordable, impact focused capital. However, community lending is often held back by outdated technology and manual processes. That's where we come in.
Design your own custom-branded landing page and present a fresh experience for your borrowers to login and view the loan process.
LoanWell guides the borrower during each step of the process with simple questions. We even provide tools like monthly payment calculators and savings calculator.
Applicants and members of your team can upload and download documents securely with our encrypted file manager.
Digitize your loan origination process and task your team members efficiently in our customizable workflows.
Use our auto-decisioning or bring your own Excel models to analyze the deal. The system will import self-reported data from borrowers and other team members throughout the process.
With LoanWell, both parties can sign the closing package and communicate directly adding convenience to the back and forth process.
We've made it as easy as possible to manage the servicing process with auto-drafted payments and automated communication to the borrower.
We help you digitize your origination process and automate the manual steps from customizable intake steps, auto-decisioning with credit pulls, esign within the platform, movement of money, and auto-drafted servicing tools.
LoanWell manages your ACH transactions for disbursement and repayment with one-time and recurring payments.
LoanWell uses Lexis Nexis Instant ID to verify your applicants' identity and help manage the KYC process with our banking partner.
Store and Retrieve Documents Safely and Securely (Encrypted with AWS KMS)
LoanWell takes security very seriously and has implemented industry best practices with regards to data security, user authentication, encryption, application security, and vulnerability management leveraging the Amazon Web Services ecosystem.
With applicants, team members, vendors, and stakeholders all in the same system, LoanWell can automate specific messaging, emails, decision letters, notifications and tasks based on your permissions and role.