LMS Version 18.3.0.1 Now Available

LMS Version 18.3.0.1 (Rosemary) is now available for distribution. This release includes our new dashboard functionality as well as new functionality in Credit Analysis and expanded Documentation Tracking reports.

Please visit the Document Library on our website to download release notes outlining all changes included in this version. 

Receiving the Release:

Updates will be scheduled on a first come, first serve basis.
  1. Log-in to the Document Library on our website.
  2. Download the Release Documentation.
  3. Review the training videos in our Recordings Library.
  4. Contact Suntell Technical Support to schedule your update: 1-888-848-7349 x 2

Important Information:

As with any update, it is important that you read all changelogs and release notes carefully to ensure you understand the impact on your organization.

Questions regarding functionality can be directed to support@suntell.com.

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FAQs

How does a loan origination system work?

An LOS is defined as a system that automates and manages the end-to-end steps in the loan process – from the application, through underwriting, approval, documentation, pricing, funding, and administration.

What is the difference between loan origination and underwriting?

A loan officer is someone who works for a bank or credit union or other financial institution and offers loans to borrowers, while an underwriter is someone who analyzes documents from potential borrowers to determine if they are eligible for a loan.

What are the benefits of loan origination software?

By now, lenders are well versed in the benefits of a digital loan origination system, such as: Providing borrowers with easy, streamlined, and digital applications. Providing bankers with automating spreading and financial analysis tools.