Integrations

Summary
Integrate LendingWise with FCI Loan Servicer to streamline loan servicing operations for private lenders. This integration would enable seamless data flow between FCI and LendingWise, enhancing loan management efficiency by leveraging FCI’s Open API.

Description
The integration with FCI Loan Servicer would provide private lenders using LendingWise with a direct connection to manage their loans more effectively. FCI is a widely used loan servicing platform among private lenders. By integrating their Open API, the following capabilities can be achieved:

Onboarding New Loans
Allow users to onboard new loans directly from LendingWise to FCI, eliminating the need for manual data entry and reducing errors.

Real-Time Loan Status Updates
Pull down real-time loan status from FCI and display it within the corresponding loan file in LendingWise. This ensures users have up-to-date information about loan performance and borrower activity.

Payment Activity Sync
Automatically fetch payment activity and history from FCI to LendingWise, providing a unified view of transactions and borrower accounts within the loan file.

Loan Reports and Dashboard Insights
Integrate loan data from FCI into LendingWise’s pipeline page or dashboard, offering lenders a consolidated view of their portfolio’s performance metrics and servicing status.

Benefits

Saves time and reduces data entry errors by automating workflows.
Improves decision-making with real-time data and loan performance insights.
Enhances reporting capabilities with comprehensive loan activity data from FCI.
Strengthens the utility of LendingWise as a central platform for all loan servicing activities.