In today's heavily regulated environment, LON delivers:

• Industry-leading Reg Z business decisioning approach
• Real-time quoting with terms that meet compliance requirements
• Lock capability with minimal consumer data input
• Scale readiness for potential refinance volume surge if rates drop

Unlike traditional LOS systems that rely on manual data entry, LON empowers users to:

• Quote terms in real-time at the point of sale
• Upload and validate 3.4 application data instantly
• Run DU/Assign existing credit seamlessly
• Define fees and disclose as lock or float without manual setup

Replace costly manual processes with streamlined automation:

• Eliminate $895 per file in FTE costs for manual setup
• "Pipeline advocate" approach with live chat support
• 400 loans funded per advocate vs. 60 loans per manual setup FTE
• No bottlenecks during high volume periods

Avoid the confusion and expense of last-minute changes:

• Manage restitution, lock extensions, and price accommodations
• Reduce costs to less than 1 basis point
• Eliminate manual reconfiguration of terms
• Avoid pre-closing confusion with borrowers

Protect your reputation and regulatory standing:

• Smart Fee Guarantee to mitigate underdisclosure risks
• Eliminate post-closing cures between title and loan securitization
• Accurate service provider and transfer tax calculations
• Enhanced secondary market delivery confidence