BytePro Standard

Multiple GFEs in the same file

Store as many GFEs as you need in a single file. With a single click, select the GFE to use and it instantly becomes active.

Each GFE contains its own loan program, closing costs, prepaids and application summary information.

Unlimited borrowers in the same file

When a loan requires more than one 1003, BytePro stores each applicant and 1003 in a single loan file,  eliminating the need for separate cosigner files and manual synchronization!

Hints, warnings and autofill buttons

Warnings alert you to potential problems.

For example, if the first payment date is not a full month past the scheduled closing date, a warning alerts you to the discrepancy.

To fix the problem click the Fill button and the correct first payment date will be entered.

Pipeline alerts and color coding

Never miss an important date, such as an upcoming lock expiration.

Alerts remind you when something in the file needs your immediate attention.

Highlight files with up to six different colors according to your specific needs.

Field notes

Add a note to any field in the loan file.

In this example the loan officer has marked the borrower's home phone number in red and added a note not to call before 3 PM.

Address lookup

Tired of entering the same address over and over again when doing an owner occupied refi?

BytePro eliminates the busy work - simply begin typing in an address field; BytePro recognizes if you've already entered it and auto-completes the address, including city, state and zip.

Browser style navigation

The toolbar lets you navigate through the screens just like a Web browser.  Just click the Back button to return to the previous form.

Document Storage

The document storage feature allows you to store PDFs, Word Docs and other types of documents directly within the BytePro loan file. You can easily view, print, and email any stored document image.

Dashboard

The dashboard displays up to four views all at once, with reports calculated simultaneously. Check a website, run a pipeline report, an alerts report and check on your monthly performance all at the same time.

License Examination File (LEF) submitted through RegulatorConnect®

For each BytePro loan file, LEF data is displayed entirely on one screen. Blue hints provide field explanations and red alerts let you know when required report data is missing. If needed, some fields may be overwritten just for the examination file - the rest of the loan file will not be affected. When you are ready to create the multi-file LEF, choose a closed loan date range for those loans to include or create a custom filter with loan parameters based on your own, or the regulator's criteria.

Track to-do items with Tasks

Tasks allow you to track to-do items you assign to yourself or others, across your file list. Each task tracks due dates and times, notes, who the task is assigned to, and when the task was created. A task can stand by itself, or you can associate it with a needed item in the Processing Log. Flag the task to automatically notify borrowers, loan officers or others by text or email when a task is created or completed. Set a pre-defined task template to create a task automatically when a needed item is updated, or when the loan's file status is changed.

Access data with the Overview pane

Add a conversation item, check a stored document, view or edit loan data without leaving the loan screen. The overview pane on the right is the quick way to access data you need frequently without losing your place in the file.

Import and export CSV files

Create a batch of new loans from any application that can create a CSV file or other common spreadsheet file types. An import template helps you name files, skip fields you don't want, and map import fields to loan fields. Export files to spreadsheet formats just as easily.

NMLS call report

Run built-in missing data reports to view loan files with incomplete information. Double-click a report item to open loan files and correct deficiences without leaving the call report screen. When you are ready, export the call report as an XML file that can be imported directly into the online NMLS file system. No double-entry means the submission will be quicker with less chance of error.

Fourth column and APR with anti-steering table

Include an optional fourth loan column for the loan selected by the borrower and if you wish,  a calculated APR for each loan scenario. Select existing scenarios, copy and modify an existing scenario to create a new one, or create a new scenario from scratch. BytePro builds on its multiple loan scenario feature to make completing the anti-steering disclosure a snap.

Quick Fannie Mae validation

BytePro's Fannie Mae validation check looks through your file for missing data and lets you edit omissions on the spot, without having to return to the 1003. 

Google address mapping

Want to look up an address on Google Maps? Simply right-click on the address and choose "Map on Google..." -- the property will automatically come up on Google Maps.

Loan amount calculators

Did you just get the appraisal back and need to adjust the loan amount to remain at 80% LTV? There's no need to pull out a calculator, just click the "calculate" link next to the loan amount field and select 80% LTV - BytePro automatically calculates the correct loan amount.

The FHA loan amount calculator saves even more time, taking into account unpaid principal balance, the appraised value, the subject property county and all of the other variables that FHA uses to determine the maximum loan amount.

Refinance leads reports

Your existing database of closed loan files is your best source for new leads. BytePro makes it easy to identify refinance opportunities by searching for loans with upcoming ARM adjustments and recasts, upcoming prepayment penalty expiration dates, high interest rates or any other criteria you can think of.

Microsoft .NET Technology

BytePro is built using .NET, Microsoft's leading technology for application development.

Origination, processing, closing and secondary

All editions of BytePro have the standard features to move loans from origination through closing quickly and easily. Go beyond closing with BytePro Enterprise for funding and selling loans in the secondary market.

Conversation Log

The conversation log tracks whom you spoke with and when. Need to alert other users about a conversation? Simply attach an alert to the entry and the alert will be displayed for other users on the pipeline view.

Processing Log

Track order outs, conditions and items needed from the borrower all in one central location. Items are tracked by status, so you can keep underwriting and post closing conditions separated.

Full FHA and VA support

In addition to support the standard FHA and VA forms, BytePro automatically calculates the maximum loan amount for FHA purchases and each variety of FHA refinance (streamlined with appraisal, streamlined without appraisal, cash out and no cash out).

Zip Code database

BytePro contains a comprehensive zip code database that populates the city, state and county portion of any address when you enter the zip code first.

Online service ordering

BytePro has interfaces to a wide variety of credit reporting agencies, lenders, flood zone determination companies, closing doc companies and other service providers. View the complete list on our Partners Page.

Standard mortgage forms

BytePro has all of the standard mortgage forms you expect, including FHA, VA and selected state forms. You can also create your own forms using Microsoft Word. See the complete list of Product Forms.

Open multiple files and reports at the same time

BytePro lets you keep open more than one loan file and report.

The intuitive interface makes each one easy to track.

Preconfigured loan programs

BytePro ships with dozens of pre-configured loan programs including government loans, interest-only, construction and HELOCs. You can also add your own.

Piggyback Seconds

First and second loans are stored in one file; changes made to the first mortgage update automatically in the second and vice versa.

Forget the hassle of manual synchronization of two loan files so that the closing costs, prepaids and "cash from/to borrower" match up. BytePro does it for you!

Online loan application (optional)

Take an application from your borrower online and download it directly into BytePro. Offered in partnership with a la mode. Learn more.

Closing documents package (optional)

Byte Closing Docs eliminates drawing fees and speeds processing by generating closing documents directly from within BytePro. Learn more.

Custom reports

Advanced reporting capabilities provide a detailed tracking of your business. Choose from a number of stock reports or easily create your own with over 3,000 fields from which to choose.

BytePro supports pie charts, bar charts and line charts.

Click-to-Open-File reports

Report results are displayed directly within BytePro. Simply double-click on a file in the report results window and BytePro will open it.

Marketing letters and e-mails

Create a marketing campaign by using our sample letters or creating your own!

BytePro searches your loan files based on your parameters and automatically fills in borrower information.

Letters can be printed and mailed or e-mailed. 

Loan comparison and other sales tools

Show the prospective borrower up to three loan options on a side-by-side comparison. 

Each option is a complete loan, including itemized closing costs and prepaids.  Instantly turn any of the loans into a GFE with no retyping needed!

Other sales tools include an open house flyer, rent vs. own comparison, debt consolidation worksheet, prequalification worksheet and refinance planner.

Role-based security

Security profiles let you control who can do what. Restrict the ability to create new files, copy files, delete files and much more.

Access control to files

Users can be restricted so that they only view those files to which they are assigned. In fact, they won't even know any other files exist.

Read-only based on role

Once a loan enters processing, the loan officer can be prevented from changing the file. 

Once flagged as read-only, the loan officer will be only able to open the file and track its progress, but not make any change, except to the conversation log, if allowed.

Custom fields

Custom fields can be used to store information that isn't part of the normal BytePro loan file.

Fields can be designated as text (up to 2000 characters), currency, number or date. An administrator can set up a list of predefined values for any custom field so that the user is forced to choose a valid value from a drop down list.

Custom roles and statuses

Define up to six different roles that can be assigned to each loan file.

The loan officer and loan processor roles are standard, plus you can optionally add up to 4 additional custom roles.

A loan can be assigned to any one of 21 different statuses, including 15 standard and 6 custom statuses. An administrator can control which statuses appear to the user and how they are named.

VPN, Terminal Services and Citrix support

BytePro was designed from the ground up to work flawlessly on a VPN, Terminal Services or Citrix. In fact, our own hosted BytePro Online solution delivers BytePro Enterprise via Citrix.