AllRegs LoanLibrary

AllRegs: Loan Library

Mortgage Guidelines and Mortgage Origination Tool

Call your Regional Account Executive at (800) 848-4904 for details on this product.

The AllRegs LoanLibrary™ is an online tool which provides the latest product guideline information needed to underwrite or originate a loan file. In one convenient and easy-to-use interface, you can have product matrices, credit information, property guidelines and more. You can quickly get the details for just one product, or with just a few clicks, search through all the loan programs you offer to find the information you need. With only an Internet connection, anyone in your organization and any of your customers can refer to the same information day or night.

Product Description

LoanLibrary is the mortgage industry’s most comprehensive and accurate eligibility search engine and loan product information management service. Read below to learn more.

The industry’s best eligibility source

More than 30 searchable, discreet data fields to get the perfect loan product result
Content is updated daily
Product results link directly to Investor guides
Outstanding customer support, including loan product
requests and user training

Flexible searching and convenient tools

Thirty searchable categories & our new combo search
Easy-to-read product descriptions
New one-click access to source investor guidelines
Ability to save favorite loan scenarios

Features to enhance your brand

Private labeling – your logo and colors
Multiple accounts – manage products differently for different business channels, branches or departments
Document storeroom for managing access to your internal documents

Investor and product alias administration

Investors’ products become your own
Alias any of your investors’ names
Customize your product/program names
Utilize your own product codes

Benefits

How will LoanLibrary benefit you? Take a look below.

For Originators, Loan Officers and Mortgage Brokers

LoanLibrary’s loan product data provides origination staff with fast reliable answers for borrower eligibility and guidelines. Accurate and detailed, with over 2,800 unique products representing over 75 correspondent and wholesale investors, our loan product information library is the largest in the world.

For Risk Management and Secondary Marketing

The AllRegs team of professionals possess hundreds of years of collective experience in loan program guideline creation and management, investor relations, underwriting and processing. With AllRegs LoanLibrary, secondary marketing professionals can:

Manage approved investors

Through a proprietary system, add or delete investor products using a simple user interface

Filter investor products by a variety of different parameters (e.g., loan type, product name)

For Scenario Desk, Underwriters and Product Management

LoanLibrary provides a comprehensive, detailed and consistent investor product guideline reference library for your scenario desk, underwriters, quality control staff and compliance teams. In fact, our team of experts captures more detailed loan product information from investors than anyone else in the industry. With over 2,800 unique products representing over 75 correspondent and wholesale investors, LoanLibrary can service the scenario desk, underwriting and quality control roles as a quick reference guide, and a rapid source for finding homes for hard-to-place loans and identifying recent changes to investor guidelines. LoanLibrary also provides one-click access to source investor program and underwriting guides.

Through LoanLibrary, your scenario desk staff and underwriters can certify difficult scenarios and view eligibility parameters consistently across investors, making it easy to quickly assess complicated issues that have traditionally been research-intensive, thus saving time and money.

Product managers, on the other hand, can use LoanLibrary to create house products based on the most aggressive or conservative specifications for a set of products from different investors. Using LoanLibrary, new house products can be constructed with a few mouse clicks and correspondent or wholesale product managers can know they conform to the guidelines of the specified products from the investors they choose as their model.

Subscription Details and Pricing

Annual contracts with flexible payment options (monthly in advance via credit card or ACH, quarterly in advance by invoice)
Low fees based on number of users