THE INTERPRETER Real Estate Counseling Program® for Loan Originators

Loan Originators – Grow Your Business! Work More Efficiently!

Use THE INTERPRETER to:

Save Time!

The significant time that you spend figuring out a workable transaction structure and preparing scenarios and GFEs is almost totally eliminated!
Review THE INTERPRETER for REALTORS to learn about time savings for your REALTOR partners

Expand Loan Origination Opportunities

The simplicity of use of THE INTERPRETER and the absence of lending knowledge needed to use it makes it feasible to recruit and compensate “loan facilitators” from other service sectors such as real estate brokerage, law, insurance, financial planning and accounting.
Provide sub-licenses to REALTORS! It's an inexpensive way to advertise! Not only will it advertise YOUR name and loan programs directly to ready and willing loan prospects, its impressive impact on both buyers and sellers will help the REALTOR win more clients! It’s a super valuable proposition that should gain you a loyal partner.

Reduce the Learning Curve

New loan originators, loan facilitators and sales agents may substitute the “artificial knowledge” contained in THE INTERPRETER for in-depth knowledge of loan program structuring rules and parameters. A user becomes confident and productive much more quickly!

Enhance Referral Capture Opportunities

The ability to sub-license THE INTERPRETER to REALTORS establishes Strategic Partnerships that broaden the value proposition of the real estate agent, and can translate into more loan applicant referrals.
The typical REALTOR does not know mortgage credit rules. Very early into THE INTERPRETER session with a new home buying prospect, the prospect will realize that “all depends on getting the loan.” As a result, your REALTOR partner is more likely to bring you into the picture sooner than later.
Your name and loan programs are presented to the prospective applicant very early in the home buying process.
You will ensure accurate estimating by the REALTOR, and congruency of estimates between you and the REALTOR.

Maximize Professionalism with Total Accuracy

Because transactions are generated using specific tax jurisdiction data, a specific closing date and "real time" quoted loan and other costs, the transaction at settlement should always match the original or updated transaction scenario. Only compliant scenarios can be displayed.
A component of THE INTERPRETER, PointLinQ moves the detailed transaction data generated by THE INTERPRETER at the point of sale seamlessly to your loan origination system. Details include all cost items found on a closing statement including pre-paid items and interest and prorations. Costs are automatically allocated between buyer and seller to precisely achieve a specified seller's net. REALTOR users may email scenario data files to you to obtain a quick advance automated underwriting decision or to assure coordinated transaction estimates.

Reduce Risk and Provide a Better Customer Experience

By requiring that all loan applications submitted be “underwritten” by THE INTERPRETER, lenders may totally eliminate calculation errors and structure-related parameter violations. Such a requirement can greatly reduce the risk of parameter violation-related loan repurchases. Plus, accurate estimating throughout the process equals a better customer experience. The same better customer experience capability is extendable to the real estate agent through the Sub-License Program and the congruency of estimates enhances the professional image of both service providers.

Counsel Clients Anytime, Anywhere!

A component of THE INTERPRETER, Live!Session, allows you to display THE INTERPRETER screens on a web page and counsel clients by telephone. The client is simply directed to a private web page…There are no intermediate steps.
As a locally resident program, THE INTERPRETER needs a connection ONLY to update rates.

Free Trial