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Commercial Loan Underwriting Software

Software solution designed to help local community banks and credit unions manage risk within their commercial loan portfolio, while also streamlining the loan origination process.

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Why use commercial loan underwriting software?

Loan underwriting is an important step in the commercial lending process that helps banks and credit unions assess the creditworthiness of a borrower. It is crucial for these institutions to identify, assess, and take steps to minimize or control their risks associated with commercial lending so they do not damage their value and threaten their solvency. commercial loan underwriting software enables these institutions to identify, evaluate, and manage risks related to commercial lending more effectively.

Custom Software

A small river named Duden flow by their place and supplies with the necessary

Loan Approvals

Prepare a comprehensive package for your loan committee to make a decision using templates that you define.

Risk Rating

Use a combination of objective and subjective measures to standardize and justify your risk ratings.

Exception Tracking

Effectively manage your documentation and loan exceptions with configurable ticklers that are created automatically.

Document Imaging

Securely store documents across your organization. From credit files to human resources, vendor management, and internal documents, digitized files are at your fingertips.

Stress Testing

As external factors change, evaluate your borrower’s ability to repay their obligations by stressing cash flow, interest rates, and more at any point.

Loan Underwriting Software Topics

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Our commercial loan origination software is designed to help local community banks and credit unions manage risk within their loan portfolio, while also streamlining the loan origination process. With our software, you can:

 
  • Easily configure the software to meet your specific needs and align with your current practices and processes
 
  • Benefit from robust risk management features, including tools for loan underwriting, credit scoring, portfolio monitoring, and compliance management.
 
  • Seamlessly integrate with other systems, such as accounting and CRM, to more easily collect, organize, and analyze data from across the organization
 
  • Trust that our dedicated team understands the unique needs of community banks and credit unions, and will provide ongoing support and guidance to ensure you’re getting the most out of our software.
 
  • Scale to the bank or credit union’s size and volume, providing the necessary tools without overburden
 

Our software has been successfully implemented in multiple community banks and credit unions, helping them to manage risk, increase efficiency, and make data-driven decisions. Let us help you do the same. Contact us today to schedule a demo and see how our software can benefit your community bank or credit union.

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Benefits of commercial loan underwriting software

  • Improved risk management: commercial loan underwriting software enables banks and credit unions to identify and assess risks more effectively.
  • Increased efficiency and productivity: commercial loan underwriting software can automate many of the time-consuming tasks associated with loan underwriting, freeing up staff to focus on more strategic activities
  • Enhanced decision-making: commercial loan underwriting software allows banks and credit unions to analyze data from multiple sources, which can lead to more informed decisions.
  • Compliance: commercial loan underwriting software helps banks and credit unions comply with all relevant laws and regulations
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When considering a commercial loan underwriting software solution, it’s important to thoroughly vet the software to ensure it meets the needs of your institution. Here are some key factors to consider when vetting commercial loan underwriting software:

Functionality

Make sure the software has the features and capabilities that you need to effectively manage risk and streamline the loan origination process. This may include features like automated credit risk analysis, portfolio monitoring, and compliance management.

Integrations

Consider whether the software can integrate with other systems, such as accounting and CRM software, to more easily collect, organize, and analyze data from across the organization.

Scalability

Ensure that the software can scale to the size and volume of your institution and that it can handle the number of loans you process.

Compliance

Verify that the software is compliant with all relevant laws and regulations, such as the Community Reinvestment Act (CRA)

Support and Maintenance

Make sure that the software provider has a dedicated support team that can provide ongoing support and guidance to ensure you’re getting the most out of the software.

References

Speak to other banks or credit unions that have implemented the software, to get an idea about the software and its usability.

By considering these factors, you can be more confident in your decision to select the right commercial loan underwriting software solution for your institution.

It is important that the software fits the organization’s needs as well as being compliant with the laws and regulations, having a good support and maintenance, and also being a good fit in terms of integration with other systems in the organizatio

Testimonials

See what our customers are saying!

Great experience . Excellent customer service . Quick response. Always try to find the way to solve your problems or concerns.

Yovana W. Credit Analyst

We love this program and have never regretted the purchase or implementation of it. Always finding additional ways to use it for many other things to scan other than loan documentation.

Amber A. AVP/LPM

The absolute best "pro" of Suntell is the customer service staff. I've worked with many customer service staff and these guys are the best. Doc imaging would be my favorite part of Suntell.

Delaina H. VP, Loan Services

    The future of commercial lending is automation.

    As the commercial lending market evolves, commercial loan underwriting software will continue to play an important role in helping banks and credit unions identify, assess, and manage risks associated with commercial lending. These tools will continue to evolve and incorporate new technologies and features to help institutions make better-informed decisions and improve the customer experience.