Express is a mortgage underwriting solution that helps lenders remain competitive and responsive to their mortgage sales network, while ensuring compliance with their credit risk policies. 

This feature rich mortgage underwriting solution provides lenders with:

  • Built-in connectivity, through Expert, to key industry partners involved in the mortgage lifecycle for seamless and efficient processing.
  • An easy to use, intuitive user experience that minimizes the investment needed to train staff.
  • The flexibility to configure a solution that automates workflows according to lenders’ own business environment, incorporating their unique business rules, credit policies and deal conditions.
  • Sophisticated fraud management tools to limit risk on a deal and ensure that underwriting decisions are based on legitimate information.
  • Real-time access to analytics on credit risk, cross portfolio exposure and portfolio trends.

Express mortgage underwriting solution benefits mortgage lenders by:

  • Expediting the underwriting process through seamless integration with Expert to provide ‘one stop’ access to all the partners required to complete a deal, while eliminating the need for duplicate entries and minimizing errors throughout the application process.
  • Providing built-in access to the Canadian broker network, allowing lenders to remain active with this network of mortgage sales professionals, without incurring the cost of building the connectivity required into a proprietary underwriting solution.
  • Minimizing investment costs through configuration tools that allow lenders to easily adapt the solution to meet their business rules and environment, without having to build a custom solution.
  • Saving time and improving operational efficiency through an intuitive user experience and automated workflows that push transactions through the review and adjudication process.
  • Mitigating risk by ensuring lenders’ business rules, mortgage conditions and risk management policies are always followed. Comprehensive audit trails enhance quality control and compliance.
  • Minimizing operational impact with a web-based solution that scales readily as the business grows.

Business Benefits

Manage risk and increase application response time

In a highly competitive environment, mortgage lenders need to be able to respond quickly to the applications that come in through their sales network - while ensuring they operate in accordance with their own credit risk policies.

Reduce cycle times and become more customer-centric

Express, part of D+H’s mortgage lending platform, simplifies mortgage underwriting activities for lenders, lowers operating costs and enables quicker turnaround on decisions. Providing robust out-of-the-box functionality, it includes comprehensive tools for fraud management and KYC. At the same time, Express is highly configurable and allows for the easy incorporation of a lender’s business rules, underwriting criteria, lending rates and calculators to ensure decisions are made according to individual lending policies and guidelines.

Improve underwriting productivity

Connectivity with Expert and other industry partners (including Credit Bureaus, Mortgage Insurers, and Title and Closing Insurance providers) facilitates seamless and efficient processing throughout the mortgage application.