Hello Iowa,

As an IBMC Bridge user, you have enjoyed a more streamlined, digital communication process for your mortgage loans. To make sure you’re getting the most out of the app, this issue of Support Beams will review a few key features available.

Adding HELOCs to IBMC Bridge

IBMC Bridge offers the same level of ease with home equity lines of credit as with traditional mortgages. Adding HELOCs to IBMC Bridge is a great way to take advantage of specials your bank is running given the current market. If you are interested, please contact us to set up the HELOC application on your account.

Loan App Refresh

The loan application now has a new modernized visual layout for both mobile and web. This new application offers a more intuitive and user-friendly process for borrowers and provides an explanation on why information is needed while still capturing all required data for loan officers. Lenders who have begun utilizing the new loan application in production have seen a completion rate of 75% and average time to completion of 28 minutes.

LO 1003

With LO 1003 the loan officer can view and edit loan applications within IBMC Bridge. With this new functionality, there are multiple ways borrowers can apply for a loan:

• A borrower may begin the application and the lender can then assist in completing the remainder of the application.
• A borrower may complete the application and the lender can then update any missing information.
• A lender may complete the application entirely on behalf of the borrower.

Adding all three of the above features can give you the best experience IBMC Bridge offers. Contact Ragan Pullen today to add them to your app or to set up additional training or a review as the busy season slows down.