cuasterisk.com CU*Answers and its partnership with web-based mortgage solutions provider, Prime Alliance continues to grow, as it accepts an invitation to participate in the new Version 8.2 release.
Though Prime Alliance is not a product of CU*Answers, the team of experts utilizing this product daily submit future need requests resulting from clients’ direct experience. This continued drive to enhance and improve member experience, is a primary reason for the CUSO being selected for this beta.
Some of the key functionalities in this release include:
- Interim Construction loans – The ability to support simple interest only construction loans for periods of 6, 9, 12, or 18 months.
- Credit Score in the Loan Consultant – The new enhancement will provide the ability to add a new question on the first page of the loan consultant where the borrower could either enter their credit score, or pick from a dropdown their opinion of their credit history (Excellent, Good, Average, Poor).
- Pricing Adjustment in Loan Officer Workbench – A new page has been created that is accessed from the Loan Summary tab called ‘Pricing Adjustments’. It can be added to the appropriate security groups using the Security Groups editor. The Pricing Adjustment page will display all of the pricing adjustments that apply to a loan. This will allow the person viewing the loan see how the final rate was determined.
According to Rob Meijer, Account Executive for CU*Answers’ division Lender*VP, and the CUSO’s primary support for this tool: “We are always working on improving how our clients do business. This release of the Prime Alliance is very exciting to us, especially being able to offer the Interim Construction Loans, since it truly meets the needs of our credit unions.”
About the Partner
CU*Answers
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded 40+ years ago, CU*Answers is a 100% credit union-owned CUSO providing services to credit unions representing nearly 1.5 million members and $10 billion in credit union assets. For more information, visit cuanswers.com.
Lender*VP
Lender*VP delivers to your credit union a team of experienced lending professionals that will take over the task of driving the success of your loan department. The Lender*VP team has years of on-the-street credit union lending experience, combined with an intimate knowledge of CU*BASE tools. We can make sure you know what products you need, get them off the ground quickly, and drive them to success.
