Technology for Lenders

Features for Originators

Listed below are some key functionalities of the VirPack platform that help Originators with improved communication in operations.


Automated Workflow

Benefit: Facilitates automatic loan status change notifications and updates for you and your borrower.


Originator Portal

Benefit: Improves communications with operations and streamlines discussion.


Early Discrepancy Detection

Benefit: Ensures a timely close from early-stage Data Extraction loan discrepancy notifications. 


Condition Satisfaction

Benefit: Helps borrowers and assists with securely satisfying conditions.


Business Rules Engine

Benefit: Provides alerts and tasks at key milestones in the loan process allowing for improved transparency.


Document Imaging

Go paperless and eliminate expensive third-party imaging systems. Convert paper documents into digital documents. Optical Character Recognition (OCR) software recognizes text characters in images and converts the image into a machine-readable text document.

Web Portal

Allow originators to use a browser to start loans, track status, and upload documents to satisfy conditions.



Business rules promote workflow automation and eliminate process gaps facilitating a shorter loan cycle.

Custom Fields, Experience, and Docs

Build your own fields, screens, and document views to tailor VirPack to your organization’s needs.


Task Management Tools

Stay on track and avoid overlooking required tasks with VirPack’s task tracking and metrics.


Customizable Pipeline Views

Customize the pipeline so that each user has the pipeline views necessary for his or her job function.


Multiple User Editing

Reduce bottlenecks by allowing two or more users to process the same loan file at the same time.


Custom Reports and Dashboards

See the current state of the business at a glance. Create your own customized management reports and dashboards with a few mouse clicks.

Data Extraction

Transform digital images as well as scanned documents into, comparable data elements through automated data extraction (ADE) that extracts and structures loan file data.