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What is TRUE?

As pioneers in the lending AI sector, TRUE produces accurate data that improves automation and simplifies every step of the lending process, allowing financial organizations to quickly handle loans, cut costs and risks substantially, and significantly enhance the customer experience. The ongoing strong demand for mortgages and refinancing persists, yet outdated technologies and lengthy manual processes can result in closing times ranging from 30 to 120 days, with consumers facing an average expense of $9,000 per transaction. Each step of the mortgage process requires significant knowledge work, but the existence of inconsistent methods hampers effective output sharing. Additionally, adhering to security and regulatory standards complicates the outsourcing of tasks. To satisfy consumer demands for faster processing times, mortgage originators, insurers, servicers, and solution providers must work to minimize friction in their processes, speed up their workflows, and adjust their workforce as necessary to cope with varying workloads. In doing so, they can not only meet client expectations more effectively but also foster a lending environment that is both more efficient and adaptable to changing market dynamics. This approach is essential for maintaining competitiveness in a rapidly evolving industry landscape.

What is EPIC Loan Systems?

EPIC offers a variety of consumer lending software solutions designed specifically for short-term loans with smaller amounts. One notable feature is the Installment Loans option, which provides a comprehensive amortization solution for lenders focusing on short-term financing, allowing borrowers to make regular payments over the life of the loan. EPIC is compatible with both tribal and state lending frameworks, including the Texas CSO/CAB model. Additionally, Installment Loans allow lenders to work with borrowers in exploring multiple payment alternatives to find the best fit for their needs. Users have the flexibility to set their own internal protocols and design an underwriting waterfall, equipping lenders with effective tools to manage incoming leads. As certain tech-savvy lenders seek to gain a competitive edge, EPIC also offers its EDGe (External Decisioning Gateway), which seamlessly integrates external decision-making into the traditional EPIC underwriting framework. This cutting-edge feature significantly improves the lending process, enabling lenders to address a wider array of borrower requirements with greater efficiency and responsiveness. By continuously evolving its offerings, EPIC ensures that lenders are well-equipped to thrive in a dynamic market.

Media

No images available

Media

Integrations Supported

Flinks

Integrations Supported

Flinks

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TRUE

Company Location

United States

Company Website

true.ai/

Company Facts

Organization Name

EPIC Loan Systems

Date Founded

2010

Company Location

United States

Company Website

epicloansystems.com

Categories and Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Categories and Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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