WELCOME TO LEXTECH
The ultimate end-to-end mortgage processing solution.
Only see what you need
Lextech removes the need for separate processes for each state or for each different panel lawyer. Our state of the art system provides you with an easy to use, one stop shop for the post-approval process.
All documents and data associated with the loan file are stored in one electronic folder, providing Lenders with a completely transparent audit trail. Not only are the manually operated and paper based elements of the settlement process eliminated, such as phone calls, faxes, paper exchange and couriers, you can access any document online at any time and from anywhere. Moreover, you can manage the timing of the settlement process to suit your commercial goals and borrowers’ needs.
What it means to you
Know what each party knows
Lextech is designed to ensure total transparency for all parties to a transaction. Notes, statuses and key milestones are available in real time.
Less time processing loan applications
From instruction, right through to settlement – Lextech is the one stop shop. All documentation is clearly visible to relevant parties, this process is automated and seamless.
Faster turnarounds and less re-work
Lextech ensures same day turnaround on complete instructions. Files can be keyed ahead of time. Lenders never need to re-key information allowing for better use of their staff time.
Have happier customers
Lextech ensures you, and your representative, communicate the correct information to borrowers and all relevant parties as it happens. Less frustration, less work for everyone, happy customers!
Know you are compliant
Lextech is built with compliance in mind. A full audit trail is available to Lenders and every milestone is date and time stamped – promoting the utmost transparency.
Lender controlled data
Lextech keeps the Lender in control throughout the entire post approval process. All Lender instructions are consistent in form and standardised to ensure accuracy and prevent incorrect information.
The right supporting documents
The Lenders choose and set standard documentation and relevant supporting documents. Lextech’s intuitive workflow manages this without any input from the Lender.
Upload your documents
Permitted parties can upload and retrieve relevant documentation from any platform or device.
Pre-population of instructions
When optioned by the Lender, Lextech can roll data from Loan Origination systems directly into the Lextech platform. This ensures accuracy, better use staff resources and maintains data integrity.
Compatibility and notifications
Built for Tablets, Smart Phones, PC’s, Mac’s and any other internet based offering. SMS & Email notifications are delivered to all parties (as requested), to instantaneously provide real time updates and information exchange. Any device – Any platform – Anytime.
Clients are already winning with Lextech.
Lending Services Manager
B&E Personal Banking
“B&E has been using the web-based mortgage processing system LoanCloser in conjunction with Purcell Partners since September 2011 with great success. From the outset and continuing until today the service provided has been first class.”
Head of Credit
Community First Credit Union
“We have been using Purcell Partners and Lextech now for around two years. We have found the ability to track communication with the Lextech team, our Members and their solicitors an invaluable tool that ensures a smooth process from instruction to settlement.”
Central Murray Credit Union
“Lextech has been able to provide our members with quicker turnaround times for settlements / funding. The overall cost has allowed us to generate more business and pass on further savings to our customers.”
Shoalhaven Regional Manager
Horizon Credit Union
“We have been using Lextech together with Purcell Partners since October 2011 and were surprised at how streamlined and easy the system was to use. The turnaround time for the preparation and issue of Mortgage Documents is exceptional and can take less than 30 minutes to have prepared and ready for issue to our members.”
Chief Executive Officer
“Without question LoanCloser has revolutionised our lending department. It is a first in the mortgage industry. The innovative design has dramatically reduced settlement times. The system is designed to cover all states and territories in Australia.”
Chief Executive Officer
WAW Credit Union
“By controlling all of the data, we are able to ensure that the post approval is completely transparent and to monitor in real time the whole post approval process. Lextech goes a long way to achieving the illusive “straight through processing”. We have noticed an overall improvement in our monitoring and speed of funding.”
See how Lextech can help you.
The Edge Business Park
Level 1 (East) 327 Police Road
Mulgrave VIC 3170
© Purcell Partners Pty Ltd
ABN: 32 118 376 560