Why Firehorse
FAST AND ACCURATE INFORMATION AT A LOWER PRICE
What Makes Firehorse Better?
PDFs are the universal method to exchange information; anything you approve or certify is stored as a PDF. Everything needed to underwrite a file is submitted by PDF, yet much of the expense in underwriting is associated with the discovery, validation, and verification of the data contained within the PDF. Once the loan has closed, it doesn’t matter what the system LOS system says; everything must be verified each time the file is reviewed.
Whether you’re underwriting a loan or creating a new Title, Firehorse data products produce fast and accurate information processing at a lower price!
90% Of The Iceberg Is Hidden
Since only 10% of the PDF is required to Underwrite a file, the industry saves time and expense by only taking what is actually needed; Firehorse takes all of the data in seconds!
Current software products only abstract data absolutely needed to fill out the FORM.
Error Checking
Additionally, non-mandated documents & data that fall outside the guidelines, but are needed to make decisions
90% Of The Iceberg Is Hidden
Since only 10% of the PDF is required to Underwrite a file, the industry saves time and expense by only taking what is actually needed; Firehorse takes all of the data in seconds!
Current software products only abstract data absolutely needed to fill out the FORM.
Error Checking
Additionally, non-mandated documents & data that fall outside the guidelines, but are needed to make decisions
- Precision
- Firehorse extracts all of the data from every page of the loan file (no relevant number is excluded), provides intuitive error checking that doesn’t require referring back to the pdf (no double & triple checking); then we structure the data, extract key values, and compare it to the metadata.
- Automate workflows. We do more than merely help you with your loan underwriting; delta Flow ℠ Mortgage automates everything – from sorting, versioning, and indexing to formatting the data, making the calculations, to writing the letter or one page analysis explicating the investment thesis of the mortgage, and more – using the best technology in the market. No other solution is better at maximizing your efficiency, accuracy, and profitability.
- Firehorse records the anomalies. Often the most important numbers to get a loan approved are encased in Comments or Notes. We bring those numbers into the data model so everyone can see and analyze them.
Intelligence
- Get 17-25% greater productivity with delta Flow ℠ Analytics. With the real-time insights from data abstracted from the source documents provided by flow SM, you can see how market conditions are changing with regards to loan buyers and borrower criteria.
- Predict and respond to problems before they can occur. Use lore Flow ℠ diagnostics to create personasof different types of borrowers. Decision makers can see the quantitative character of each type of borrower down to the individual level.
- Put visibility in the hands of people who need it most. Simple dashboards that show all of the numbers – all in one place – in an intuitive format that drives fast comprehension and illustrates accuracy because you can see all of the granular items to create the total. Firehorse’s one-page reports pinpoint trouble spots and opportunities so you can act on them immediately.
Future-Proofed
- Easily configure to your operational requirements. From the workflows in Firehorse Ice℠ and Flow ℠ to our analytics from Delta℠ and Lore℠, our solutions adapt to your needs. You’re never “stuck” with a highly customized solution that doesn’t adjust along with you. Because we track every number from the loan file, we can provide a flexible solution that accommodates any underwriting algorithm.
- Benefit from a lower cost of ownership. Our software as a service model eliminates sizeable upfront technology investments and expensive upgrades…Our NoSQL database infrastructure insures that we can develop new features quickly to meet changing market conditions.
- Enjoy working with a cloud native infrastructure.Firehorse products run interchangeably on leading cloud platforms. With Firehorse’s NoSQL data structure, you’re free to make changes to your APIs without expensive modifications; we can send the data back to you in any configuration to match your database structure.
We're Fast and Cheaper
Combine our Technology Products to Create the Perfect Platform
Predict
Once the data or numbers are in a format that can be analyzed, then you can compare outcomes vs. inputs.
Decide
Once you have all the data required to make the decision, it’s possible to make a decision. Without the data.
Convert
Fully automated flow provides unprecedented accuracy which removes the need for human intervention sort & categorize pdfs .
Identify
Delta℠ Mortgage Premium
Firehorse does the underwriting using our platform, which is why we can offer pricing half of the market rates.
Delta℠ Mortgage Direct
Firehorse provides the data; your underwriters can confirm or change the underwriting.