Calyx has released a new version of its cloud-based Path loan origination system, the company announced.
The company said Path Express is designed for lenders that are looking for quick implementation, efficiency and productivity.
“Path is designed to truly simplify the loan process and provide the flexibility, visibility and controls needed for lenders to monitor and run their business the way they want to,” Calyx Director of Marketing Patrice Power said in a release. “With guaranteed 99.95 percent consistent uptimes, the fastest implementation times in the industry, and now a pre-configured Express version, Path is dedicated to ensuring our customer’s long-term success.”
Calyx said Path Express provides superior functionality for retail, delegated, non-delegated and correspondent lending. It is pre-configured with standard settings based on industry best practices for a quick and simple implementation process.
Calyx said lenders using Path Express, on average, can be up and running within 4-6 weeks. Calyx said it also will continue to offer its Path Enterprise version that is completely configurable to the lender’s specific needs, including workflows, roles, organizational structure and compliance controls.