Subprime Automotive Indirect Lending

Features

appTRAKER Loan Origination System

• Rules-Based Pricing Engine

  Our powerful, versioned graphical rules design enables lenders to save time and increase user efficiency by creating rules for risk, pricing, and compliance.

• Notifications & Alerts

  Communication is the key to success, so appTRAKER has a lender-defined notification system for all modules. Alerts can be triggered by events including exception requests, communications from dealers, and notifications of new documents in appTRAKER DOCS.

• Granular Verifications Module

  appTRAKER’s verifications module is organized by fully customizable tasks and stipulations. Finalize loans quicker with multi-user access to deals, allowing simultaneous access for funders and processors without getting locked out. A comprehensive security model means that only users with the right access can complete certain tasks and functions.

• Reporting, Dashboard, & Data Warehouse

  appTRAKER offers a suite of customizable reports included within the platform as well as the functionality to track origination KPI’s in real-time, allowing lenders to review operational data. We also allow access to a data warehouse designed for more powerful analytics.

• Reliability & Security

  Launcher’s servers are hosted in AWS which guarantees the survivability of your data with continuous data backups, replication to various geographic regions, and multiple recovery options. Your data is fully encrypted for all customer NPI and SSL for all internet traffic. Launcher grants you full access control and readily available audit reports.

• Queue-Based Workflows

  appTRAKER has fully customizable queues with the optimal subprime workflow to increase productivity. Applications move seamlessly from underwriting, verifications, and the disbursement module as deals progress through the application life-cycle.

• Built-In Compliance

  appTRAKER LOS was built with compliance at its core, including Reg Z compliance and state rules. It also has the capability of enforcing any internal policies specific to the application.  

• Custom Scorecards

  Develop your scorecard using bureau attributes, application data, public records, vehicle information, or integrate appTRAKER LOS with your own scorecard.  

• Dealer Portal

  appTRAKER includes a feature-rich Dealer Portal where dealers can submit new applications, see real-time status of deals, instantly communicate with the lender, upload stipulations, and have access to fully populated forms and documents.