Dynamic Apps, developed by Floify, enhances the loan application process by allowing lenders to customize questions based on the specific type of loan being sought. This tool not only streamlines the approval process, reducing irrelevant questions for borrowers but also encourages higher completion rates. By prompting applicants for their intended loan purpose early, the system tailors the entire application to display only pertinent information. Along with its ability to accommodate specialized loan products, Dynamic Apps plans further expansion in 2025 for more workflow options.
"We see allowing lenders to collect information specific to the type of loan they are originating as a game-changer, streamlining the approval process and providing a red carpet experience for loan applicants," said Sofia Rossato, president and general manager of Floify.
Dynamic Apps supports easily configurable, no-code application types that reduce application fallout and ultimately help lenders do more business, adjusting based on the loan purpose specified by applicants.
Collection
[
|
...
]