ARC Systems, a mortgage automation provider based in Austin, Texas, has announced the release of Loan Finder Express, an underwriting tool designed for mid-tier lenders and brokers.ARC termed the product "a comprehensive, browser-based product eligibility engine [that] integrates credit to deliver a fully adjusted price." The system offers lenders "a fast, easy way to custom-match borrowers with loan programs ranging from conforming to nonprime -- even if their originators have limited experience with a product category," the company said. The release was announced at the annual convention of the National Association of Mortgage Brokers in Salt Lake City. The company can be found online at http://www.arcsystems.com.
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