Xactus is a leader in verification technology, focusing on transforming manual processes within the mortgage industry. Its platform, Xactus360, introduces Intelligent Verification, a technology designed to streamline workflows and enhance decision-making for lenders. The platform integrates seamlessly with existing loan origination systems (LOS) and point-of-sale (POS) solutions to help lenders make faster, more accurate loan decisions while reducing operational costs.
Xactus360 addresses three core areas: dynamic workflows, faster loan decisions and waste reduction. It allows lenders to move away from rigid processes and create adaptable workflows that respond to specific needs. By leveraging data at scale and advanced AI, the platform helps clients access the right data, reduce unnecessary data pulls and improve loan outcomes. Additionally, Xactus360 supports a more efficient verification process, optimizing product mixes and workflow management.
With features such as Pre-AppX for robust pre-approvals, ezLOE for quicker Letter of Explanation submissions, and tools like Flood ReportX and Fraud ReportX, Xactus360 offers tools that significantly improve efficiency and reduce risk. Xactus’ technology has helped lenders streamline operations, reduce verification costs and enhance overall decision-making, positioning the company at the forefront of innovation in the mortgage and real estate industries.
