Since 2003, LoanCraft has helped financial institutions grow their business. We provide a wide range of services that help our clients provide outstanding service to their customers.

LoanCraft has a strong history of maintaining a secure infrastructure, continuously improving and successfully passing a variety of state and bank audits for information security.

Income Report

LoanCraft offers a variety of services to assist you in the calculation and verification of income.

Our Income Report provides a full analysis of income, based on documents such as paystubs tax returns.

  • Accuracy is warranted.
  • Current turn time is less than two hours for typical files.
  • Set up is quick and easy. No setup fees.
  • No minimum volume commitments or minimum term.
  • We do all the work. We fill any calculation gaps and warrant the accuracy.
  • Integrated into Ellie Mae's Encompass

Tax Return Analysis provides a full analysis of income for self-employed borrowers, based on tax returns you upload to our secure portal.

Employment Income Calculation takes standard income documents and generates income calculations. This data can be consolidated in the self-employed reports too.

The Full Income Report calculates income from more than thirty types of income sources, effectively providing a consistent method of documentation and calculation of all the relevant income categories for Fannie, Freddie, VA, FHA, and Appendix Q.

Self-Employed ExpressSM is an end-to-end streamlined process for calculation of cash flow on tax returns. You go from e-signature to final analysis – we do all the work in between. But with Self-Employed ExpressSM, the process is easier and quicker for everyone.

Streamlined Workflow with the Virtual PanelSM. Underwriting income is time consuming, especially for self-employed borrowers. It often requires significant work before the complexity of a file is understood. Part of every Income Report, the Virtual PanelSM provides three income estimates tailored by varying assumptions. Typically, the Virtual PanelSM contains a conservative, standard, and optimistic estimate, but you can adjust it to fit your strategy. The Virtual PanelSM gives you an immediate view of how complex a file is. When all the estimates are close or the same, the file is not complicated, even if it has several businesses. But when the estimates differ, it's likely that a little additional analysis is warranted.

Pricing Engine - Program, Pricing, and Eligibility

Our pricing engine provides instant pricing using 24 different profile characteristics. LoanCraft can post offers to LendingTree, Velocify, and other systems. We provide a suite of testing tools and quality assurance services to ensure accuracy.

Interactive Pricing Screen. Our screen provides a variety of options to optimize the loan officer's ability to meet the customer needs.

Pricing for Aggregators. We provide pricing necessary to fulfill the requirements of leading lead aggregators including LendingTree.

Pricing for Customers. Our Best Offer WizardSM provides an interface to provide your pricing directly to customers.

APIs to integrate all pricing transactions with other applications.

Superior Support for Wholesalers and Portfolio. We have built our system to allow a variety of pricing option beyond the standard industry programs. This includes home equity, portfolio, and non-QM. We offer customized uploads and APIs for price loading. See our white paper for our philosophy of offering wholesalers new opportunities.

Outsourced Processing and Origination

LoanCraft provides outsourced origination of real estate loans. We help your bank add significant volume without investment in technology and payroll. Since 2003, we have originated nearly $2 billion in loans and HELOCs for several different national banks in 45 states, and we have done it in full compliance and consistent with the credit policies of our clients.

  • Professional Loan Sales
  • Underwriting
  • Document Preparation
  • Management of Internet Lead Providers
  • Strategic consulting to assure the highest quality penetration of available markets and customer relationships.

Loan Tools

Lead Management Tools allow loan officers to manage leads from various aggregators and assures proper contact.

Our innovative and exclusive Best Offer WizardSM technology gives you a turnkey ability to reach customers and offer them your products. The technology provides an easy, highly consultative interaction for the customer. We offer a range of innovative question types, and you can combine them in various ways and compare their results. It’s like getting a full web development and analytics team, at your disposal.

The Best Offer WizardSM screen is a significant improvement over rate sheets, because it instantly provides the rate without interpretation by the user. This will lead to a higher degree of accuracy in quoting rates, which is essential to customer care and compliance. And because the tool is so easy to use, the associate can concentrate more on the customer and less on the math of trying to figure out the rate.