Originate: your all-in-one partner for seamless and compliant origination and processing
Highly configurable, Originate offers a personalized user experience tailored to match your institution’s branding and product requirements for residential mortgages, consumer and business loans, and deposit accounts. Benefit from seamless integration with Finastra’s processing solutions as well as other third-party LOS systems, reducing time to close
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Seamless integration with Finastra’s LOS solutions (see list below), as
well as integrations to third-party core banking solutions and other LOS
systems via API. This allows you to easily connect to your own system
architecture.
Our solutions are highly configurable and white-labeled, tailored to
meet the specific branding and styles of your financial institution. Any
application is responsive in nature, enabling the seamless completion of
the application on any device.
Originate Mortgagebot
The personalized and responsive omni-channel POS guides the applicant through the digital mortgage application and allows financial institutions to collect a full URLA in a streamlined and compliant manner. The robust product offering supports:
- Mortgages for purchase, refi, home equity, HELOCs and construction loans withing parameters
- Support for fixed and adjustable interest rates; monthly, interestonly & bi-weekly payment options; and 30/360 & 365/365 accrual methods
Present applicants with personalized product and pricing offers, along with required disclosures. This provides transparency and an enhanced experience while ensuring compliance.
Provide instant pre-approvals/provisional decisions through Fannie Mae’s Desktop Underwriter, Freddie Mac’s Loan Product Advisor, or the highly-configurable, built-in tool called PowerApprove. For more complex cases, the applicant is notified that the lender is reviewing the file.
Borrowers are provided a personalized list of documents that must be provided for their loan application and given a way to securely upload the documents to the lender.
Consumer and Business loans and deposits
The combo application makes it easier to apply for a consumer or business loan, and open a deposit account in the same application.
Originate has two major elements:
Application path is where the applicant initiates the application process, enters demographic details, completes IDV/IDA, selects the products or accounts they would like to apply for, completes the funding screens, and submits the application for further processing.
The admin console allows the applicant to configure products, disclosures, funding options and more
Unified, modern user experience for consumer and business loans and deposit accounts. The admin console provides financial institutions with self-servicing capabilities, allowing them to manage the entire account origination process
Robust administration tool for managing the entire lifecycle of the application process using the Admin Console.
Expanding capabilities to the deposit account opening process, which includes Trust accounts and UTMA (minor) accounts, too
* The Funding solution is integrated with Plaid for their account verification and balance service, and with Allied Payments for their ACH transfer solution
Fraud improvements:
Originate Consumer
Fraud improvements: Originate Consumer is integrated with Equifax for
the DIT (identity trust) and Secure MFA solution for their IDV
(identity verification) /IDA (identity authentication) solution.
*Originate Consumer supports 15+ core
integrations including Phoenix, FIS, Fiserv, Jack Henry
Fraud improvements: Originate Business
Fraud improvements: Originate Business integrated with FIS Biz Chex,
which performs IDV and IDA on the business. It allows up to 5 owners
or authorized signers per account.
*Originate Business is integrated with
Finastra’s Phoenix solution, and with Jack Henry
Our Originate solutions geared to support your growth
Solutions
All roads lead to supply chain finance: Building an ecosystem for collaboration
Unlock powerful origination with our solutions today