LoanSphere Empower Reviews & Product Details

LoanSphere Empower Overview

What is LoanSphere Empower?

LoanSphere Empower is a state-of-the-art, enterprise loan origination system (LOS) that provides the functionality for every facet of the origination process from point-of-sale to post-closing. Offered as both an ASP and self-hosted solution, Empower supports consumer, retail and wholesale point-of sale channels; loan fulfillment and closing; pre- and post-closing audit and compliance functions; product and pricing; electronic document management; and industry-standard interfaces.

LoanSphere Empower Details
Product Description

LoanSphere Empower is a state-of-the-art, enterprise loan origination system (LOS) that provides the functionality for every facet of the origination process from point-of-sale to post-closing. Offered as both an ASP and self-hosted solution, Empower supports consumer, retail and wholesale point-of sale channels; loan fulfillment and closing; pre- and post-closing audit and compliance functions; product and pricing; electronic document management; and industry-standard interfaces.


Seller Details
Seller
Black Knight Financial Technology Solutions, LLC
Ownership
NYSE:BKI
Company Website
HQ Location
N/A
Total Revenue (USD mm)
$1,177
Twitter
@Black_KnightInc
3,528 Twitter followers
LinkedIn® Page
www.linkedin.com
4 employees on LinkedIn®
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LoanSphere Empower Reviews

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UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Easy to see milestones and input information Review collected by and hosted on G2.com.

What do you dislike?

Not a lot to dislike. I just wish there was a more easier way to see communications in notes Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Workflow is easier Review collected by and hosted on G2.com.

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UF
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Everything for each of our files is in one platform, with various tabs or workflows for each department which needs to work on the file. One program holds it all. Review collected by and hosted on G2.com.

What do you dislike?

There are certain of our products which are not supported by Empower, making it difficult to use for those, and some items which can be tricky to change/update/fix because they are located within multiple screens throughout Empower and not all the screens interact with each other, causing those items to be updated manually on multiple screens. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

We are able to better have all the file information in one program so each individual working on it can see everything needed within one program. Review collected by and hosted on G2.com.

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CB
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Empower LOS provides the functionality to originate both first mortgages and home equity loans and lines of credit, helping to deliver data integrity and security, eliminate errors, increase transparency, and reduce the complexities associated with managing multiple systems. Review collected by and hosted on G2.com.

What do you dislike?

Initially it would’ve tedious to understand and work on the application as it is complex but with effective hands on and with knowledge of business, compliance and legal regulations it would be a great platform. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

It is a sophisticated platform for effective creation of E2E loans with various integrated interfaces that helps track approvals thus help with the transition.

LoanSphere Exchange Allows lenders to electronically manage the loan origination and closing process through the largest, fully interconnected network of lenders and service providers in the U.S. Review collected by and hosted on G2.com.

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