It offers features such as flexible interest calculation methods (simple interest or 360 amortized interest), efficiency escrow management, support for adjustable-rate mortgages, investor integration, robust reporting, and compliance with regulatory requirements. Whether you’re a credit union seeking tailored solutions or a member looking for transparency and peace of mind, VisiFI’s Mortgage Servicing solution delivers exceptional value.
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Streamlined Operations
We leverage automation within our architecture to reduce manual intervention. Swift, error-free processes allow your business to move at a faster pace, ensuring seamless mortgage servicing.
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Comprehensive Features
The solution offers features such as flexible interest calculation methods (simple interest or 360 amortized interest), efficient escrow management, support for adjustable-rate mortgages, investor integration, robust reporting, and compliance with regulatory requirements.
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Interest Calculation Flexibility
Whether it's member accounts or business accounts, VisiFI supports both interest calculation methods. Plus, we provide clear amortization schedules for transparency.
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Escrow Management and Establish Escrow Accounts
Funded as part of the monthly payment, our system handles escrow accounts efficiently.
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ARM Support for Adjustable-Rate Mortgages
We produce regulatory Initial and Ongoing Rate Change Notices, keeping you compliant and informed.
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Tax and Insurance Management
Set up and attach records based on the frequency of obligations. Our system automatically withdraws funds from escrow accounts and produces batch checks.
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Investor Interface for FNMA and FHLMC Integration
Seamlessly interface with investors, ensuring smooth communication and compliance.
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Daily and Monthly Reporting
Stay informed with separate reports. Plus, we handle Form 1098 and all IRS reporting effortlessly.
Expertise You Can Trust
- Tailored Solutions
- Cost-Effective
- Member-Centric Approach
- Behavioral Science-Backed Design
- Robust Security
VisiFI understands the unique needs of credit unions. Our platform adapts to your specific requirements, ensuring a seamless fit.
Our pricing model is designed to support credit unions of all sizes, allowing you to maximize value and investment.
We prioritize member satisfaction, enhancing your credit union’s reputation and fostering loyalty.
Our solutions boost operational efficiency and create exceptional experiences that drive growth.
Advances data and systems security ensure a safe environment for your institution and account holders.
Transparency
Clear amortization schedules and accurate interest calculations empower members to make informed decisions.
Efficient Escrow Management
Members benefit from hassle-free escrow handling, ensuring timely tax and insurance payments.
Peace of Mind
With FNMA and FHLMC integration, members can trust that their mortgage servicing is in capable hands.