StreamLend^® Velocity

Sound Software

Products:       StreamLend Velocity         Sound Software

StreamLend Velocity is our flagship loan origination system for consumer, home equity, business & commercial and Indirect lending.

We’ve taken the core competencies and knowledge-base of our lending expertise and created an amazing array of features that will fast forward you into the future of lending. Key to StreamLend Velocity is its powerful modular structure, housing an array of credit, decision and forms engines built on .NET, XML software architecture and open standards based technology. This is the lending power behind the simplicity of our user-friendly browser interface. The result is a powerful, next-generation lending system with out-of-the-box templates reflecting industry best practices that are attractive and refreshingly intuitive to use.
StreamLend Velocity’s configurable workflow options allow you to customize the system for your specific work and business needs. For example, you can assign applications to specific loan officers, by type of loan or by loan amount.
Seamless integration to your host processor and third-party vendors means you don’t have to spend time uploading loans. Robust features and functions allow you to customize your own business rules into the system, satisfying your institution’s risk management practices.
Browser-based means no desktop deployment. Once implemented on your server, your IT staff will be able to maintain StreamLend Velocity from one central point-of-access, saving you time and money.
Our exclusive, built-in optical imaging technology provides completely paperless lending, including digital signature and e-signature capabilities.
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StreamLend Velocity Business and Commercial Lending Solution
We offer a comprehensive Web-based business lending service module that easily integrates with StreamLend Velocity. Our Business and Commercial Lending module will help you build long-term member relationships, increase member satisfaction, increase loan processing productivity and increase loan offerings. Application, financial and collateral data are captured for individuals, businesses, guarantors and authorized users and presented in credit, decisioning and funding views that make it easy for you to enforce loan policy guidelines.
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StreamLend Velocity Indirect Lending Solution
Loan processing can be completely automated and customized to the way you do business.  With Indirect Lending through StreamLend Velocity, an application from the dealership becomes a loan application that is processed, credit scored, priced and decisioned, all based on your rules and criteria. Indirect Lending will return an answer to the dealer, fund the loan and prepare the documentation for closing in a matter of seconds.  Auto Decision guidelines or rules are input into the StreamLend Velocity lending platform, the end-to-end solution for application processing, automated underwriting, risk-based pricing and credit tiering.  
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StreamLend Velocity Consumer Lending Solution
StreamLend Velocity’ full service Consumer Lending Solution is completely configurable to meet your needs and objectives. Powerful “Velocity Engines” for forms, credit, assignment, conditions and decisioning—giving you a lending process tailored to your business rules. Now you can approve more consumer loans and fund them faster.
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StreamLend Velocity Home Equity Lending Solution                                                   
Home equity loans are a natural extension of the traditional home mortgage loan process. Our Home Equity module in StreamLend Velocity can be used for originating and processing home equity loans through the booking stage. This module accommodates both open-ended products, such as lines of credit and closed-end loans, as well as fixed and adjustable rates.
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If you would like more information about StreamLend Velocity or if you would like an online demo of the product, email us at: iasales@opensolutions.com