Finware has great Mail Merge functionality within iLend™ which means creating a mail merge source file is quicker and easier than ever before!
iLend™ Tech Tip - LMI Calculator
Finware has added an individual Lenders Mortgage Insurance (LMI) Calculator to its iLend™ Calculators Tab. This excellent tool assists you in understanding your clients LMI obligations and helps you identify which lenders provide the most competitive LMI.
iLend™ Tech Tip - Extended Search for Product Comparisons
One of the best features of iLend™ is the Extended Product Search. You use this to find products with similar features so you can compare them easily.
iLend™ Tech Tip - AAPR with Amortisation Table
Lend™ has an Annualised Average Percentage Rate (AAPR) calculator which gives you a full amortisation table.
iLend™ Tech Tip - Changing Loan Status
It's important to remember to update the status of your clients' loan in your iLend™ database as it tracks through the approval process. This ensures your reporting is accurate and that you remember to market to your clients at the appropriate times i.e. for fixed rate expiries and loan anniversaries.
iLend™ Tech Tip - Using Workflow
When you create a Loan Scenario in iLend™ a workflow is automatically assigned to it. This is a loan application process tracking sheet that details the steps to be completed throughout the approval process such as Initial Appointment, Application Prepared & Lodged, Loan Approval & Settlement etc... It's a useful tool to help you remember where you're up to with each Loan Scenario, especially if you have dozens of them going at once.
Need More Help? Check out our online video tutorials
Finware now has a library of iLend™ Training Video Tutorials available for you to watch via our iSupport website by clicking on the link as shown in the image below, which you can find when you login to iSupport.
Click here to login to iSupport.
There are a series of 20+ video tutorials lasting from 2 - 10 minutes each, guiding you through various activities in iLend such as "How to create a loan scenario, loan splits and update the loan status", "How to Use the Cover Note in the Loan Scenario" and "How to Complete a Mail Merge in Microsoft Word using your iLend™ Data Source File" to name a few.
These video tutorials provide the perfect opportunity for you to learn how to use the new functionality of recent enhancements you have seen in your iLend™ Database. They are proving to be a very popular method for learning at a convenient time and allow you to set your own pace!