Mark IV WebApp is an Internet-based solution designed to interface with Mark IV to enable your applicants, branch personnel or indirect agents to submit loan requests from their computer with 24 / 7 availability.

Once a submission is made, your lenders will find a new application record is automatically created in Mark IV containing the applicant's information. Credit information will automatically be retrieved on submitted applications and underwriters will find requests awaiting their analysis in the Mark IV Underwriting work queue, based on configuration.

THREE CONFIGURATION OPTIONS ARE AVAILABLE:

Retail Channel: Enables your customers to submit credit applications over the Internet directly into Mark IV.

Wholesale Channel:   Enables branch or call center personnel to submit credit applications to centralized underwriting.

Indirect Dealer / Agent Channel:  Indirect sources can log-in with unique credentials that you provide and can submit credit applications directly into Mark IV for underwriting.

Benefits:

• Increased application volume through new channel
• Interface directly into Mark IV; eliminating any re-keying of application data
• Complete application based on required vs. non-required fields
• Automatic e-mail notification to applicant or dealer and institution following submission
• Setup and configuration is performed by Cypress

Base Configuration includes:

• Formatting and logo inclusion to match your institution’s current website
• Data entry screens for loan and applicant information
• Required fields to align with Mark IV configuration
• Product specific collateral screens and disclosures
• Your FAQ or instruction document to direct the applicant on each step in the process
   
• Logic to automatically generate e-mail notification to applicant after submission
• HMDA data capture based on product configuration
• Application status screen allowing the applicant, institution personnel and/or dealer to determine  application decision status
• Logic to automatically generate e-mail notification of acknowledgment to Underwriting