Smart’s Score builder automatically calculates the score of a loan application based on the applicant information entered and the score card developed using score builder. A score card can be easily developed and parameters can easily be changed with the built-in score builder interface. Multiple score cards for different loan types are supported in LOS.
LOS can provide information on status of loan application and where the application is pending at the moment. This is helpful for customer service representatives to manage enquiry from the customer. There is application history associated with each application. It records down all the activities completed on the application beginning from when an application first enters the workflow till processing completes.