SOFTWARE SOLUTIONS - WLS Software as a Service (WLSaaS)

In the entire mortgage industry, no automation solution is as specialized to the needs of mortgage warehouse lenders as the SRG Warehouse Loan System (WLS).

Available on our SaaS platform, the SRG Warehouse Loan System (WLS) provides a highly configurable software platform that automates the entire mortgage warehouse lending process from start to finish. Mortgage bankers and their warehouse lenders can now operate at peak efficiency and achieve maximum profitability through reduced per transaction processing costs.

Banks and credit unions are becoming increasingly interested in tapping the warehouse lending market due to its viability and profitability. However, the costs of integrating a warehouse lending platform often make it a non-viable solution, especially for smaller lenders. The functionality of the SRG Warehouse Loan System is now available through our application "Software as a Service" (SaaS) platform. This hosted service allows smaller lenders to compete with larger, tech-savvy lenders and realize the same profitability without bearing the cost of implementing an internal solution.

Prior to the availability of our SaaS solution, users were required to invest in the hardware infrastructure, software applications, and information systems human resources needed to integrate our platform. The SaaS delivery mechanism enables clients to have access to the platform via our secure data operations center, and have the added benefit of SRG professionals managing their system infrastructure at a fraction of the cost of managing the platform in-house. Warehouse lending “best practices” are delivered through the inherent features set in the software and from Street Resource Group’s professional expertise in the industry. In addition, users see profits quickly. Eliminating the lead-time associated with internal systems integration reduces the implementation cost and amount of time needed to bring our customers’ products to the market.

The warehouse runs the WLS software on their desktops and it connects over the Internet to the database hosted by SRG at its secure data center. The mortgage originators run the SRG DIRECTCONNECT remote client version of the WLS software to connect to the warehouse in the same manner. This hosted warehouse lending allows both small and large-scale lenders to leverage SRG’s innovative technology remotely without making a significant front-end investment in hardware infrastructure and internal IT maintenance. Lenders who take advantage of this SaaS solution will pay an initial set-up fee, eliminating the cost to purchase, install and manage the platform internally. Once set-up is complete, SRG implements a “pay as you go” per loan pricing model combined with the per-month, per-workstation maintenance fee.

Request your free demonstration today.