Products
TIER|ONE ™ offers many solutions for various size of Lenders including Mortgage Bankers and Mortgage Brokers. Select your business type below and find out how our products can make the Loan Officer more Efficient, Increase your Pull-Through, Save 8 to 12 hours a week while generating More Income.
Self-Serve Users
LANIS allows Loan Officers to perform comprehensive financial analysis via our proprietary pricing engine, algorithms, and our intuitive design and work flow.
Small & Medium Business
All Self-Serve features Plus: Corporate View, Management Dashboard, and Enhanced Pipeline. All the Analytics a Small or Medium Business needs
Enterprise
All Small and Medium Business, Plus: Enterprise Corporate View, Enterprise Management Dashboard. All the comprehensive Analytics an Enterprise Business needs
fall in love with our features
Easy to Use / Intuitive
TIER|ONE™ is incredibly easy to use and intuitive. We have tested the User Interface with people unfamiliar with how to qualify a Borrower and they got it right! Navigation is a breeze and our training tips help all along the way.
Conversion - Pull Through
Why waste your valuable time trying to figure out a loan when TIER|ONE will tell you the best Option for your Borrowers! TIER|ONE ™ provides 5 different loan options compared side by side so you can see what is the best Loan for the Borrowers and they will too. Using our Software your Pull-Through could increase as much as 15% on difficult loan scenarios.
The “New Best Practice"
A best practice is a technique or methodology that, through experience and research, has proven to reliably lead to a desired result. TIER|ONE was developed to be the New Best Practice in an area neglected for decades, the Client Interview and Pre-Qualification process.
Compliance
Everyone is concerned about compliance and we’ve covered that for you. Using our TIER|ONE™ solution will provide you with a completely Transparent presentation to your Borrowers every time. Your Borrowers will see you as a Loan Officer with Integrity and a Subject Matter Expert.
Efficient and Effortless
Using TIER|ONE ™ to interview your Borrowers for 7 to 15 Minutes will give you the Loan Solution your Borrower needs. Simply fill in the information and the software will do the rest. It will tell you all the Debt Ratios, Correct Income Calculations, Reserves Required, Qualifying Rates and what could possible cause the loan to Not Close.
The FinTech Solution
Easy to Use, Intuitive and Educational, Providing Fully Compliant, Transparent Loan Analysis, Ready for Underwriting
Small and medium business features
Small and Medium Business
Includes all of the Self-Serve features and the additional ones listed here. This Version supports multiple offices or teams. It also supports single office locations with multiple layers of managements and Loan Offer Teams. Read More...
Small and Medium Business Pipeline and Reporting
The comprehensive Pipeline aggregates multiple offices and Loan Officer Funnels into a composite picture. The Pipeline will track the progress of all Loan prospects from initial interaction to Loan closing. Read More…
Small and Medium Business Corporate View
Allows Owners and Production Managers to see all office locations and the ability to drill down to multiple layers, as well as down to the individual Loan Officer. Read More…
Small and Medium Business Management Dashboard
Enterprise Management Dashboard presents in real time all-important details of all loans in process in one single place. This empowers the management to make fast data-driven decisions based on current and relevant information. Read More…
TIER|ONE Loan Process Report*
Allows the Loan Officer and Processor to effectively manage each loan transaction and set responsibilities for each Action Item so that each item is cleared so the loan process will close on schedule thus meeting turn time requirements. Read More…
Small and Medium Business Support and Training
Comprehensive training programs for all levels of the organization are available and custom tailored to specific company requirements. Read More…
Enterprise business features
Enterprise System
Includes all of the previous features of Self-Serve and Small-Medium Business, plus the additional features listed in this section. Provides Management Oversight and Service Metrics for an Enterprise environment.
Read More...
Enterprise Pipeline and Reporting
The Enhanced Pipeline aggregates individual Loan Officer Funnels into a composite picture that tracks the progress of all Loan prospects per office from initial interaction to Loan closing. Regional and corporate views are available.
Read More…
Enterprise Corporate View
Allows C-Level Sales / Production Manager to see all office locations and the ability to drill down to multiple layers of sales management down to the individual Loan Officer. Read More…
Enterprise Management Dashboard
Enterprise Management Dashboard presents in real time all-important details of all loans in process in one single place. This empowers the management to make fast data-driven decisions based on current and relevant information. Read More…
TIER|ONE With Vision (Wholesale Pipeline)
Allows the Enterprise Wholesale Company, Lender’s Account Executives and Management the ability to see Multi Office locations. It gives the Lender at all management levels the ability to drill down to multiple layers of sales management and down to the individual Originating Loan Officer. Read More…
Enterpriese Support and Training
Comprehensive training programs for all levels of management are available and custom tailored to specific Lender requirements. Read More…
Why Tier|One
We help you design the life you want. Lenders spend money serving borrowers early on in the application process, even when those borrowers don’t end up qualifying for a loan. Losing borrowers early on leaves lenders footing the bill for these application expenses, adding unnecessary costs to an already over-strained business model. As such, lenders need to exploit every opportunity to be more efficient in their loan process and start saving on upfront costs and invest more in qualified borrowers. By utilizing the best tools, lenders can reduce out-of-pocket expenses from the beginning and have more impact on the ratio of applications to closings. Currently the industry average from submission to funding and closing a loan is 65% based on recent surveys
Efficiencies found at the beginning of the process have more impact because of the ratio of applications to closings. Surveys have show over 50% of lender’s applicants fall out of the process once the credit report identified either scoring or tradeline data prohibiting the applicant from qualifying for a loan.
TIER|ONE gives the Loan Officer everything they need to know about borrowers’ credit profiles, income, reserves in seconds without ever having to leave the TIER|ONE environment, and that provides a stunning competitive advantage for TIER|ONE users.
After a recent Survey of one of the top three Wholesale Mortgage Lenders in the country with approximately 40 Account Executives, supporting 480 companies, the most significant Pain Points in the industry are solved with TIER|ONE. To view the research results, click the button below and see how TIER|ONE can help you improve your Pull-Through and gain Loan Officer efficiencies.
Our Product
LANIS Software was designed for Loan Officers by Loan Officers. LANIS Software is packed with unique features that allow loan officers to perform comprehensive financial analysis via our proprietary pricing engine, algorithms, and our intuitive design flow. Our navigation is simple; incorporating links to import and export digital documents and will have the ability to integrate with third-party web sites, reporting and applications. Advanced customizable reporting and analytics are being built into a future version. Today the output is fully compliant, accurate and transparent.
The LANIS Software Suite is a cloud-based software solution for Licensed and Registered Loan Officers. Available via all current major browser versions, the LANIS Software application collects borrower information and securely processes and runs scenarios allowing the borrower deep financial analysis, resulting in the best choice for the borrowers and the best Pull-Through for the Loan Officer. The service will be available 24/7/365.
Other products, like the myriad of Loan Origination Systems, provide some of the basic prequalification analysis and data gathering. Some other products focus on presentation to the borrower, but none of the products available have the complete feature set or provide the revenue recovery opportunity that LANIS Software already does.
LANIS Software was designed to be intuitive and easy to use. We have adopted the “Bread Crumb” approach to navigating the system. LANIS Software has been called an “Amazing Training Tool’ to aid in the interview process of a potential borrower. Depending on the borrower’s situation, a standard Agency, FHA, USDA or VA loan can be completed with LANIS Software in 7 to 15 minutes. It follows the natural flow of a conversation and has evolved and been tested through thousands of Borrower interviews.
At some point in the loan process and the Borrowers may not qualify based on the results. This is where LANIS Software is unique in that it will reference Lenders guidelines and help them to understand the reasons why a loan option the Borrowers want may not be available to them. It is also beneficial in that the Loan Officer can make the decision at that point to submit the loan to underwriting or not. Specifically this is based on the Ability to Repay Act and a guideline for the Quality Mortgage (QM) test. If the loan does not fit traditional guidelines, the LANIS Softwre will recommend the Loan Office check other Non-QM Lender guidelines to see if the loan will fit with other loan programs.
LANIS Software has been designed to minimize Data Entry fields. In a recent 3 loan Adjustable Rate Mortgage side-by-side comparison using an industry leading LOS system, 27 separate pages were used with 247 data fields, the majority of which require manual calculations outside the LOS system. Using the same example, LANIS Software used 4 separate pages and 34 data fields, all of which were auto-calculation features of LANIS Software. This represents a 726% efficiency improvement.
In another example for a 30 year fixed-rate mortgage, using an industry leading LOS system, 27 separate pages were used with 40 data fields, the majority of which required manual calculations outside the system. Using this same example, LANIS Software used 4 separate pages and 11 data fields, all of which were auto-calculation features of LANIS Software. This represents a 364% efficiency improvement.
LANIS Software has extensive, detailed financial analysis features allowing the borrower to make a sound financial decision based on Return On Investment (shown as a percentage and measured in months), and Closing Costs vs. Cost of Money Over Time (and over the Term of the loan).
LANIS Software also measures Reserve requirements based on current guidelines for the number of months required and percentage of existing balances for income and/or personally owned properties (such as second homes).
To assist the Loan Officer in the process, Guidelines and Training Tips have been built into the system. LANIS Software will assist the Loan Officer during the interview and will notify them along the way if the loans they are proposing will qualify under current guidelines. The LANIS Software will display a Caution or Red Flag if the loan is out of compliance, or simply will not qualify. This system has been tested over the past 17 years and to date, 95% of all loans using the LANIS SOFTWARE submitted to lenders have funded and closed. The industry average is 65% of loans submitted ever fund and close.
Why TIER|ONE ™ Small and Medium Business Solution
Our Small and Medium solution comes with all the same features as our Base Software and we have added the following features for our Small and Medium Business customers.
Corporate View
Allows a small single office location for the Sales / Production Manager to see all Loan Officer Pipelines and activities. For a Medium Size Company Corporate View allows Management to see Multi Office locations. Allows C-Level Sales / Production Manager to see all office Locations and the ability to drill down through multiple layers of sales management down to the individual Loan Officer.
Management Dashboard
TIER|ONE business intelligence dashboard is a data visualization tool that displays the current status of metrics and key performance indicators (KPIs) for your users. The Dashboard consolidate and arrange numbers, metrics and performance scorecards on a single screen. They may be tailored for a specific role and display metrics targeted for a single point of view or Branch office. Our dashboard includes a customizable interface and the ability to pull real-time data from multiple sources.
Enhanced Pipeline
“The TIER|ONE Enhanced pipeline is a visual representation of loan prospects and where they are in the lending process. The Pipeline also provides an overview of a Loan Officer’s Client forecast and how close he is to making quota, as well as how close a sales / production team as a whole is to reaching quota. This enables Loan Officers and sales / production managers to forecast the number and dollar amounts of loans that will close in a given period of time.
The Enhanced Pipeline aggregates individual Loan Officer Funnels into a composite picture that measures the health of all Loan prospects. The sales pipeline also visualizes the lifecycle of various Client prospects, from initial interaction to Loan close.
Why TIER|ONE ™ Enterprise Solution
Our Enterprise solution comes with all the same features as our Base, Small and Medium Size Software and we have added the following features for our Enterprise customers.
Enterprise Pipeline and Reporting
“The TIER|ONE Enhanced pipeline is a visual representation of loan prospects and where they are in the lending process. The Pipeline also provides an overview of a Loan Officer’s Client forecast and how close he is to making quota, as well as how close a sales / production team as a whole is to reaching quota. This enables Loan Officers and sales / production managers to forecast the number and dollar amounts of loans that will close in a given period of time.
The Enhanced Pipeline aggregates individual Loan Officer Funnels into a composite picture that measures the health of all Loan prospects. The sales pipeline also visualizes the lifecycle of various Client prospects, from initial interaction to Loan close.”
Enterprise Corporate View
Allows Enterprise Company the ability to see Multi Office locations. Allows C-Level Sales / Production manager to see all office Locations and the ability to drill down to multiple layers of sales management down to the individual Loan Officer.
Enterprise Management Dashboard
The TIER|ONE Enterprise Management Dashboard presents in real time all-important details in one single place. This information can be shared with all levels of management including C-level executives in an easy and efficient way. This empowers the management to make fast and data-driven decisions based on the latest information. Departments or functions internal to the Lenders operation that will benefit are, Loan Set Up, Compliance and Loan Estimate disclosure, Underwriting, Prior To Document Conditions, Prior To Fund Conditions, Clear To Close operation, Closing Disclosure, Formal / Final Loan Documents, Funding and Closing, Post Closing Sale and Servicing. The departments effected will benefit internal planning for resources to insure department turn times and predictable fund and close dates.
TIER|ONE With Vision (Wholesale Pipeline)
Allows the Enterprise Company, Lender’s Account Executives and Management the ability to see Multi Office locations. Allows C-Level Locations Sales / Production manager to see all office and the ability to drill down to multiple layers of sales management down to the individual Loan Officer. The Account Executives would have the ability to review individual loans the Loan Officers are working on.
