Solutions
ACP Mortgage Loans
AI-driven efficiency for optimized mortgage loan processes
Efficient processing of mortgage loans applications while managing inherent risks is essential for bankers to ensure a competitive edge in the mortgage lending market.
ACP Mortgage Loans is a flexible digital lending solution specifically tailored to address the unique needs and complexities of mortgage lending activities.
ACP Mortgage Loans helps lenders through a seamless end-to-end mortgage loan origination function with AI-driven credit risk assessment tools, ensuring streamlined processes, mitigated risks, and superior customer experiences across the mortgage lending lifecycle.
ACP Mortgage Loans is a flexible digital lending solution specifically tailored to address the unique needs and complexities of mortgage lending activities.
ACP Mortgage Loans helps lenders through a seamless end-to-end mortgage loan origination function with AI-driven credit risk assessment tools, ensuring streamlined processes, mitigated risks, and superior customer experiences across the mortgage lending lifecycle.
Axe Credit Portal covers all types of Mortgage Lending
Fixed-rate mortgages
Adjustable-rate mortgages
Variable-rate mortgages
Interest-only mortgages
Balloon mortgages
Government-backed mortgages
Elevate your mortgage lending with AI-driven precision and promptness
Navigate the complexities of mortgage lending with an AI-powered digital lending solution
Ensure a digital onboarding and prompt credit initiation
- Leads and KYC forms can be customized as per the bank’s needs (prospect or bank customer)
- AI-powered borrower onboarding (face/ID recognition)
- Credit Application leveraging AI (CA)
- KYC & PEP checklists
- Automated onboarding and follow-up processes
- Omnichannel customer experience through multiple channels
- Digital signature capabilities
- Rapid change implementation to loan application
- A complete °360, integrated, and single view of customer
Traditional and AI-based scoring integrated into one single platform for accurate credit decisions
- Real-time data integration with external and internal data sources
- Enhanced credit decision quality through integrated new data sources
- Innovative ML-based scoring models
- Customizable scoring template based on qualitative and quantitative scores
- Internal rating scale or customized scoring model via integration
- Ensured compliance with GDPR international directives, country regulations, and bank policies
- Automated delegation of authority as per the institution’s credit policy
- Risk-based pricing projections and actual calculations
- Tracking & monitoring: collaterals, covenants, conditions, and internal risk triggers
- Analysis of cash flows, peer comparison, credit analysis write-up
Data analytics for loan monitoring, servicing, and cross-selling
- Real-time monitoring of mortgage lending activities
- Historical data storage
- Slice and dice credit data analysis
- Dashboards and dynamic reports building
- Financial reports, cash flow, and peer analysis
- Comprehensive credit and risk data model
- Loan servicing events automation
- AI-based Early Warning Signals (EWS) for delinquency prediction
- Alerts & notifications on tasks assigned
- High level of data coherence and integrity
Axe Credit Portal is trusted by
Polaris Bank, Nigeria
“It was crystal clear for us that Axe Finance is a technically sound partner offering a powerful credit automation solution fitting our needs of performance optimization, credit risk mitigation, and gain of efficiency. Indeed, the project was completed on time and on budget.“
Mortgage Loans
FAQs
What is a mortgage loan?
A mortgage loan is a retail type of loan specifically used to purchase real estate, where the property itself serves as collateral for the loan. Types of mortgage loans include fixed-rate, adjustable-rate, FHA, VA, USDA, interest-only, jumbo, balloon, reverse, and interest-first mortgages.
What are the main challenges in automating Mortgage loans?
In automating mortgage loans, specific considerations include streamlining complex documentation, ensuring regulatory compliance, automating credit risk assessment, property valuation, loan origination, and processing, integrating with third-party systems, enhancing communication and transparency, and optimizing closing and funding processes.
Property valuation stands out as a particularly specific aspect in automating mortgage loans, involving the use of data analytics, automated valuation models (AVMs), and geographic information systems (GIS) to assess property values accurately and efficiently.
Property valuation stands out as a particularly specific aspect in automating mortgage loans, involving the use of data analytics, automated valuation models (AVMs), and geographic information systems (GIS) to assess property values accurately and efficiently.
