EUROPACE for loan officers is the underwriter's central application within EUROPACE. Based on the already scored and prepared applications (agreement in principle), the loan officer is able to fully process the application up to the loan approval including all necessary documents.

With EUROPACE a cross-company and standardised business process between the distribution channels and product provider becomes a reality. All information and data will be exchanged electronically - from reserving the interest rate up to disbursement of the commission fee. The involved parties are fully informed at all times.

Here are a few of the most important fully automated functionalities within EUROPACE for loan officers:

• Property/collateral valuation (asset value, capitalised value, market value)
• Calculation of interest rate/pricing (all commonly used formulas)
• Definition of necessary documents for the disbursement
• Financial standing/credit worthiness
• Rating
• Check of applicants credit history (credit bureau)
• Preparation of documents  for final approval
• Workflow integrated preparation of correspondence (borrower, external distribution partners, notary, surveyor etc.)
• Preparation of documents (loan contracts, collateral agreements, check lists etc.)
• Real-time monitoring of applications and transactions

The "who's who" of independent financial distributors in Germany already have joined the EUROPACE community. Without planning and building expensive interfaces this will enable the setup of an immediate business relationship. Via EUROPACE for advisors you are also able to supply a fully integrated front-end application towards your distribution partners and salesforce.

EUROPACE for loan officers interfaces directly with your systems and ERP, via EUROPACE integrator, allowing all data can be transferred electronically.