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Products: LoansPQ

Overview

Sophisticated yet simple.

We designed LoansPQ to integrate loan origination, core processing and internal banking software in almost any configuration. With quick response times for new opportunities, LoansPQ is a flexible and scalable consumer loan origination system that immediately satisfies loan requests while simplifying and streamlining back-end loan processing for staff.

With all of the solutions available today, it's important to partner with a loan software provider that can be trusted to lead the way when it comes to innovation and commitment to driving value generation for its clients. That's why MeridianLink partners with more than 200 third-party vendors such as data providers, core systems, e-signature, settlement services and indirect lending portals—just to name a few.

Benefits

Increased Consumer Satisfaction

Fast, easy-to-use, 24-7 access encourages consumers to move forward with loan applications. Lightning fast automated decisions and online application status tracking allow consumers to follow applications at any time.

Increased Revenue

Use LoansPQ as an additional sales channel with seamless core system and account opening integration. Automated cross-selling expands sales opportunities with products tailored specifically to each consumer.

Simplified Loan Processing

Our user-friendly interface increases staff efficiency. Loan agents can instantly access real-time data and reports. Agents can also determine key financial loan variables and automatically process multiple calculations.

Compliance Assistance

MeridianLink offers several resources to help your financial institution maintain regulatory compliance: ongoing regulation monitoring, implementation, and advanced compliance update notifications.

Features

Seamless Integration

Decrease risk and provide consistent underwriting when you customize LoansPQ to your underwriting rules and prequalification criteria. Using XML open architecture, LoansPQ integrates seamlessly with internal systems and other third-party technology, allowing safe information sharing with other loan origination systems.

Branding Flexibility

Use your institution’s colors, logos, graphics and other style guidelines to create a smooth experience for your customers. Flyers, animated flash banners and other marketing and advertising materials are also available to use for your own promotion.

Secure and Reliable

Security and reliability concerns are paramount to MeridianLink. Going above and beyond industry-standard safeguards (such as N+1 redundancy infrastructure for system availability), our staff, technology and processes make risk mitigation the key priority.

Transparent Pricing

Realistic, affordable pricing is appropriate for financial institutions of all sizes. LoansPQ operates on transaction-based pricing with no hidden costs or surprise fees. You pay a onetime setup fee based on the size of your financial institution.

Responsive Support

Our client-focused support team responds quickly and attentively throughout setup, launch and ongoing usage. By gaining a thorough understanding of your institution and customer needs, we can anticipate challenges and put systems in place to protect you and to ensure service runs smoothly.

Thorough Implementation

With dedicated support teams for each implementation product, MeridianLink works tirelessly to ensure clients receive thorough implementation plans to meet your financial institution's expectations and to expedite the process.



ResourcesResources

Brochure

LoansPQ

This brief two-page document provides a high-level glimpse at the loan and account origination functionality our solutions provide as well as the associated benefits financial institutions should expect by partnering with MeridianLink.

Case Study

SRP Federal Credit Union

Learn how SRP Federal Credit Union used LoansPQ to leverage automated decisioning and instant approvals to significantly increase their application volumes and improve their processing efficiency.

Case Study

Old National Bank

Empowered by MeridianLink and LoansPQ automation technology, Old National Bank supports its local community base in achieving what matters most: increasing automated decisioning by 30%.

Case Study

Sandia Laboratory Federal Credit Union

Sandia Laboratory Federal Credit Union sees a 168% increase in applications received and 3,300 new funded loans in a year since partnering with MeridianLink and LoansPQ.

Case Study

Army Aviation Center Federal Credit Union

Adoption of the LoansPQ system turned around the prevailing culture and the loan-to-share ratio grew from 40% to 61% during explosive 18 month period.

Case Study

Nusenda Credit Union

Nusenda Credit Union maximizes its MeridianLink LoansPQ core system and creates a best practice model for MeridianLink consultant visits.

Case Study

Coastal Credit Union

By switching to the LoansPQ loan origination system, Coastal Credit Union increased consumer loan volume by 78%, improved pre-approval functionality, and achieved seamless integration of LOS and account opening.

Schedule a Consultation

Whether you're in the preliminary stages of research or looking for detailed answers that may require a demo, our team is always available to discuss your options and how we can help.