The Direct Application Processing of Lending Solutions, Inc. offers your financial institution a cost-effective solution to increase its loan volume, availability and accessibility through seamless, 24/7 loan processing of consumer loans at the National Loan Processing Center (NLPC) of LSI. Through an exclusive, toll-free telephone number or online application, your customers can quickly access your financial institution for a loan 24 hours a day, 7 days a week when they are interested in obtaining financing.

Expanded service and accessibility
Highly trained lending professionals transparently represent your financial institution to instantly originate and process loans and cross sell, so your institution is always open to the possibility of added income and lending activity. Because LSI call specialists provide your customers with an underwriting decision right away over the phone, they are taken “off the market,” which maximizes your financial institution’s application-to-booked-loan ratio.

Greater lending efficiency
To improve lending efficiency and control costs, the NLPC’s Platinum service quickly approves qualified applications, while the Prequal program identifies low-scoring candidates that require further decisioning by the financial institution. With LSI’s full-time loan origination, you benefit from the NLPC’s volumes and expertise to process consumer loans faster and more cost-effectively, which allows you to focus on closing loans and boosting revenue. Lastly, LSI’s Direct Application Processing allows your financial institution to compete on the same level with other lenders, helping you gain an advantage in the lending-services market and build greater loan-to-share ratios.

Increased lending opportunities
LSI’s Consumer Lending builds high-quality loan portfolios for financial institutions by helping them expand the products and services they offer consumers.