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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

We provide a cutting-edge solution for loan origination and servicing that enables you to thrive in the digital landscape. Our offering stands out as the most adaptable and configurable option in the financial services sector. Nelnet Velocity is designed for white-label servicing and operates on a cloud-based platform. By utilizing a microservices architecture, Nelnet Velocity allows for customization of features and functions tailored to your business needs. Its API-first approach accelerates development, streamlines system integration, and ensures access to real-time data. By delivering a transformative loan origination and servicing platform that revolutionizes financial services technology, Nelnet offers unparalleled value to our partners and clients across diverse industries, ensuring they remain competitive in an ever-evolving market. Additionally, our commitment to innovation means we are continually enhancing our solutions to meet the emerging challenges of the financial landscape.

Description

VeriLoan offers an end-to–end loan origination, servicing and collection platform on a single platform. It also provides a flexible, process-managed approach that supports fully customized loan origination engines, helping to improve customer experience. Benefits. Benefits. VeriLoan has a powerful rule engine that streamlines loan origination and servicing. This allows financial institutions to improve their business processes and reduce costs. The tailored rule engine competence helps to efficiently define business rules that govern who is responsible for each task in loan servicing and origination. Automated loan origination system reduces time to process loans Digitalization and automation of the entire process cuts down on inefficiency and minimizes the chance for error

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Genius Learning Yes 
Site Stacker Yes 

Integrations

Genius Learning No 
Site Stacker 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 Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
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 Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Nelnet

Country

United States

Website

nelnetinc.com/capabilities/consumer-services/nelnet-velocity/

Vendor Details

Company Name

VeriPark

Founded

1998

Country

United Kingdom

Website

www.veripark.com

Product Features

Loan Origination

Amortization Schedule No 
Audit Trail No 
Closing Documents No 
Compliance Management No 
Customer Database No 
Digital Signature No 
Document Management No 
Fee Management No 
Loan Processing No 
Online Application No 

Loan Servicing

Accounting Management No 
Amortization Schedule No 
Application Management No 
Auto Loans Yes 
Automatic Funds Distribution No 
Business Loans Yes 
Collateral Tracking No 
Collections Management No 
Compliance Management No 
Construction Loans Yes 
Customer Database No 
Fee Management No 
Investor Management No 
Loan Processing No 
Student Loans Yes 

Product Features

Debt Collection

Agency Management No 
Auto Dialer No 
Automated Notices No 
Callback Scheduling No 
Client Management No 
Commission Management No 
Compliance Management No 
Contact Management No 
Credit Bureau Reporting No 
In-House Collections No 
Payment Plans No 
Transaction Management No 

Loan Origination

Amortization Schedule No 
Audit Trail Yes 
Closing Documents No 
Compliance Management Yes 
Customer Database Yes 
Digital Signature Yes 
Document Management Yes 
Fee Management No 
Loan Processing Yes 
Online Application Yes 

Loan Servicing

Accounting Management No 
Amortization Schedule No 
Application Management No 
Auto Loans No 
Automatic Funds Distribution No 
Business Loans No 
Collateral Tracking No 
Collections Management No 
Compliance Management No 
Construction Loans No 
Customer Database No 
Fee Management No 
Investor Management No 
Loan Processing No 
Student Loans No 

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