Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Engage consumers in your pipeline without presenting them with trigger products, while simultaneously evaluating product options through a soft inquiry credit report. This approach allows you to determine in advance whether a consumer meets the necessary credit criteria, ensuring that you only proceed with the application process when it makes sense to do so, thus saving time and resources in the long run. By utilizing merged credit reports, you gain access to a real-time snapshot of a borrower's credit history, presented in a user-friendly format. You can easily order reports from our secure website or through a variety of integrated loan origination (LOS) and point of sale (POS) systems. Furthermore, with a direct connection to Fannie Mae® and Freddie Mac®, Factual Data maintains and operates its own technology platform, which enhances our agility and responsiveness. Automating workflows by establishing your business rules can also streamline the consumer application process, introducing efficiency and consistency. This holistic approach not only enhances the consumer experience but also improves the overall effectiveness of your operations.
Description
Sonar is an innovative platform for mortgage experiences driven by AI, functioning as a sophisticated loan origination system that streamlines intricate mortgage workflows and merges point of sale LOS, customer relationship management, and pricing engine capabilities into one cohesive cloud-based solution designed to minimize manual processes and enhance operational efficiency. This allows teams to efficiently manage interactions with borrowers, monitor referral partners, handle pricing and approvals, and expedite loan closures through automated communications, compliance monitoring, and real-time teamwork. Additionally, its intelligent agents empower users to perform tasks using natural language commands, eliminating the need to sift through menus, and it seamlessly integrates with existing infrastructures and automated underwriting solutions from Fannie Mae and Freddie Mac. Moreover, the platform provides customizable workflows, mobile access, white-labeling options, and top-tier security and scalability, enabling lenders and brokers to function at a higher level of productivity. As the mortgage industry evolves, Sonar continues to adapt and enhance its features to meet the changing needs of its users.
API Access
Has API
No
API Access
Has API
No
Integrations
ASTRAD DSP
Yes
CrowdStrike Falcon AIDR
No
LendingPad
Yes
Partoo
Yes
nCino Cloud Banking Platform
Yes
Integrations
ASTRAD DSP
No
CrowdStrike Falcon AIDR
Yes
LendingPad
No
Partoo
No
nCino Cloud Banking Platform
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Factual Data
Founded
1948
Country
United States
Website
www.factualdata.com
Vendor Details
Company Name
Sonar
Country
United States
Website
www.yoursonar.com
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No