Feature Requests

Summary:
Enable users to create customizable webforms that collect borrower information to create a borrower record in the system, without requiring the creation of a full loan file. This functionality would support marketing, pre-underwriting, and future streamlined loan submissions by the borrower.

Description:
This feature would allow LendingWise users to design webforms for gathering borrower data such as contact details, financial information, track record, and preliminary documents. The data collected would populate in the borrower profile record, allowing users to pre-qualify borrowers, set credit limits, and maintain a robust borrower database for marketing and pipeline management. Borrowers with completed profiles can transition seamlessly into full loan submissions when ready.

Key Features:

Customizable Webform Builder:

Enable users to create webforms with drag-and-drop fields to capture borrower-specific data (e.g., name, contact info, income, credit history).
Support for conditional fields to dynamically adjust the form based on borrower responses.
Allow branding options such as company logo, colors, and custom headers.
Borrower Record Creation:

Automatically generate a borrower profile in LendingWise upon form submission.
Include key borrower data fields like personal information, income details, and max credit line limits.
File Upload Capability:

Allow borrowers to upload documents such as IDs, financial statements, or tax returns directly via the webform.
Store uploaded documents in the borrower profile for future reference.
Pre-Underwriting Features:

Use the collected data for pre-screening borrowers and determining preliminary eligibility for loan programs like soft pull credit, asset verification, track record verification, & manual approval status options, etc...
Enable lenders to set and display max credit lines or pre-approved terms in the borrower record.
Marketing and CRM Integration:

Sync borrower data with marketing tools for follow-up campaigns and engagement.
Include fields for opt-in consent to receive marketing communications.

Reporting and Analytics:

Track webform submissions and analyze borrower acquisition metrics (e.g., conversion rates, submission demographics).
Include filters to segment borrowers by status, credit line, or completeness of their profile.
Automation Triggers:

Trigger notifications or tasks in LendingWise workflows (e.g., alert loan officers of new borrower submissions).
Automate follow-ups requesting additional information or documents from borrowers with incomplete profiles.
Access Control:

Restrict access to borrower records for specific roles (e.g., marketing vs underwriting) to ensure data security.
Export and API Support:

Enable borrower records to be exported for analysis or synced with external tools via LendingWise’s API.
Why This Is Valuable:

Efficiency: Saves time by pre-collecting borrower data and documents, streamlining future loan submissions.
Flexibility: Supports borrower pre-screening and pre-qualification for various loan types or programs.
Improved Borrower Experience: Allows borrowers to complete their profile at their own pace, reducing onboarding friction.
Scalability: Builds a robust borrower database for marketing and pre-underwriting, driving future loan opportunities.
Data Centralization: Consolidates borrower information and documents in one place for easy management and follow-up.