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What is HUD LITE?

Input settlement charges as either Buyer's or Seller's Expense, and HUD LITE will generate necessary notations and column totals automatically. The software adeptly assigns the correct GFE number for standard entries while also creating entries for the GFE Comparison Page without any hassle. By inputting amounts from the lender's Good Faith Estimate, you can ensure your form is completely set up, ready for generating and printing the Hud-1 Settlement Statement applicable to purchases, new loans, and refinances. Enjoy the convenience of automated entries for the Good Faith Estimate (GFE), and refer to the GFE Quick Start Guide for any needed guidance. The platform guarantees precise calculations and reconciliations for balances related to receipts, disbursements, and net loan proceeds (cash received from the lender). It also automatically compiles a balanced record of deposits and checks while calculating both the Loan Origination Fee and Loan Discount. Any changes made to proration or disbursement dates will prompt recalculations of prorations, loan payoff amounts, and interest due to the lender. Moreover, broker commissions can be entered as either a percentage or a fixed sum, offering even more flexibility. These robust features ensure that the entire process remains efficient and easy to navigate for users. In summary, HUD LITE enhances the settlement process by providing a reliable and user-friendly platform that simplifies complex calculations and documentation.

What is Floify?

Floify serves as an effective point-of-sale solution tailored for those in the mortgage industry, particularly loan originators. This platform enhances the loan process by offering a safe communication avenue and a document portal that connects borrowers with lenders seamlessly. Loan originators utilize Floify to handle loan applications, confirm borrower documentation, monitor loan status, and engage with both borrowers and agents, facilitating quicker loan closings. For further insights into its features, consider arranging a live demonstration. Additionally, exploring Floify could significantly improve the efficiency of your loan processing activities.

Media

Media

Integrations Supported

Integrations Supported

BluMortgage
Box
BytePro
DocMagic
Docusign
Dropbox
FormFree
Google Drive
MDE Pro
Microsoft Azure
Plaid
Salesforce
Shape Software
Slack
Surefire CRM

API Availability

API Availability

Pricing Information

$179 one-time payment

Pricing Information

$79 per user per month
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Alta Star Software

Company Website

www.hudlite.com

Company Facts

Organization Name

Floify

Date Founded

2013

Company Location

United States

Company Website

floify.com

Categories and Features

Mortgage and Loans

Closing Documents
Government Loans
Loan Origination
Refinance Management

Categories and Features

Document Collection

Not specified

Mortgage and Loans

Commercial Mortgages
Document Management
Electronic Applications
Government Loans
Loan Origination
Pipeline Management
Pre-Qualification
Residential Mortgages

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