LOS System Requirements
Easily Identify All Mortgage Loan Origination Software Requirements, including the HIDDEN ones!
This detailed LOS Requirements Toolkit, with over 1,738 customisable LOS features, can helps you identify everything needed, from LOS software requirements to workflow needs. The key processes are addressed:
This LOS checklist tool will help you identify ALL mortgage Loan Origination needs, including must-have, but hard-to-find, LOS software requirements that must be addressed if a new LOS system is to be implemented on-time and on-budget.
- Identify the REQUIREMENTS of ALL LOS needs quickly and accurately.
- NEW - Quickly identify End-to-End (E2E) Business Process needs!
- Rank the IMPORTANT of each LOS requirement relative to your company.
- Determine the INTEGRATION needs of all LOS issues.
This detailed LOS System requirements toolkit helps you identify all of the issues and proccessis below:
- LOS needs for Artificial Intellegince (AI)
- Hidden "exception case"
- LOS Workflow/BPM Processes
- External Integration
- Requlations and/or Legal LOS needs
The main Table of Contents (TOC) shown below illustrates the broad range of requirements included in this interactive tool.
This LOS requirements tool enables you to completely identify criteria using Fit-GAP analysis.
Mortgage Loan Origination System Requirements Importants Relationships
The "Importance Level" column enables you to easily specify HOW IMPORTANT each requirement is to your company in a consistent and quickly sorted way. You can choose between the Importance Level options that best fit your project needs. Use 0 - 5, with 0 being not important at all.
LOS System Process Description
The next column to the right, titled "Process (Category)" below, enables you to enter user-defined codes that represent the business functions, processes or mortgage LOS software modules found in the Business Unit that is the subject of the Fit-GAP Analysis. This allows all Fit-GAP assessment results to be sorted and viewed using any special criteria needed to manage a particular mortgage LOS project.
Requirements for Loan Origination System GAP Amount
The next column to the right, titled "GAP Analysis" below, enables you to designate just WHERE, WHEN, and HOW MUCH of a GAP exists between your organization's current mortgage LOS needs and the mortgage loan origination software system currently in use, and just as importantly, WHY. (See HOW Fit-GAP Analysis works and its benefits!)
LOS Requirements GAP Location
The column titled "GAP Source (Location)" below, enables you to designate just WHERE a GAP exists, i.e., is it a mortgage LOS software deficiency or a mortgage loan origination workflow/procedural problem. This knowledge is very useful when integrating a new software system with current business processes.
Loan Origination System Requirements GAP Type
The column titled "REQUIREMENTS TYPE" below, enables you to designate the TYPE of GAP that exists between your organization's current mortgage LOS needs and the software and/or the processes currently in use.
Fit/GAP ANALYSIS - Sorting and Reporting
Quickly and Easily Sort and View Mortgage Loan Orgination Fit/GAP assessment entries by industry standard and user-defined assessment code, as shown below. Now you can almost instantly view Fit-GAP assessments sorted by:
The "Process" column accepts user-defined codes to allow sorting of GAP assessments by any special project need that may come up, all on a mouse click.
- Importance Level (Priority)
- Business Process, Department, Track, or Module
- GAP Size
- GAP Location
- GAP Type
Mortgage Loan Origination System Requirements Master
This Mortgage LOS Software Requirements Checklist with Fit-GAP Analysis, as shown above with over 1,634 LOS requirements and all Importants, Process, GAP, and User-Defined tools shown, is available for download. Just click the "Add to Cart" button below.
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