August 18, 2000
Industry pioneers LoanPage.com and eCreditCity.com have joined forces to create the fastest, most streamlined mortgage application process for mortgage brokers to date. The quick and efficient procedure begins when a customer finds a broker through the LoanPage. Customers complete eCreditCity's innovative Internet-based QuickApp process on the broker's site, and that information is immediately routed to eCreditCity's Data Center and the broker's desktop. The broker then orders credit information from TransUnion, Equifax, Experion and/or Fannie Mae, and a merged report is returned within seconds! Brokers can immediately export merged information to their loan origination system, or they can send the report to a credit reporting agency, receive a residential mortgage credit report or supplemental report and then export their information - all from their desktop with just a few clicks of a mouse button. Best of all, there are no monthly fees! Cost is about the same or even less than what most brokers currently pay for credit reports. "With more than 3,000 mortgage brokers and 2,500 people per day using the more than 20 ways to find a mortgage, brokers and customers alike are eager to see advanced technology like instant access to their credit reports," said Michael Barber, CEO of LoanPage.com. "These technologies have always differentiated the LoanPage site from others, and eCredit City is an ideal partner in our continuing mission to put instant electronic mortgage origination in the hands of all brokers." eCreditCity has provided the industry with cutting-edge credit-reporting software for more than a decade, and its fast, online application process saves countless hours for mortgage brokers and customers alike. "LoanPage provides the customer with access, and eCreditCity provides the productivity," said Tom Corlett, CEO of eCreditCity. "Fast turnaround is a requirement today, and the eCreditCity software makes it possible. We are revolutionizing the process for the broker and the borrower." For information on updating your system with the QuickApp software, e-mail sales@eCreditcity.com, sales@loanpage.com, call (800) 635-8115 or fax to (888) 318-2434.

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