Front-end for Two Stand-Alone Solutions to Organize Customized Mortgages

Establishing sustainable connection between borrowers and lenders

Client and business goal

Our client, a US-based IT company developing solutions for the financial industry, selected our company to build a flexible platform for mortgage loans arrangement. The idea was to create an easy-to-navigate and user-friendly system, which would ensure loyalty from both parties — lenders and borrowers.

The ultimate goal was to automate and speed up the processing of loan applications. The system is aimed to embrace the entire American market, which allows borrowers to apply for loans with no binding to the place of residence.

Extensive experience in the fintech domain and successfully completed loan management projects left no doubt that AIS Novations would be the best partner for the idea realization.

Solution

The client undertook the back-end part of the project, while creation of the front-end component from the ground up and API configuration were our responsibilities. The task was to develop a single client-facing part for two stand-alone applications — one intended for borrowers, the other for lenders. To enable flawless data exchange in real-time mode between the two apps, we proceeded with communication configuration through WebSync.

The working principle of a given application is based on the data a borrower provides. The more information the user is ready to make available to potential lenders, the more customized and beneficial deals banks will be able to offer.

System Capabilities

For borrowers

Remote loan application with no binding to the place of residence
Possibility to see calculations and track application status
All the information entered in the system is editable on later stages
The data obtained from the borrower is processed and stored in the database
Upon logging in, a borrower can proceed from the last incomplete step
The percentage level of form completion is displayed

For lenders

System automatically processes data provided by borrowers and manages application forms to generate loan offers
Certain data points are provided to lenders subscribed to the service
Competitive environment is created since each lender provides own offer, and a borrower chooses the most suitable one

Tech stack

ES6+
HTML5
Pug

SCSS
Vue.js
Vuex

Vuetify
WebSync

AIS Team

1Project Manager

2Software Developers

Client location: USA

Project duration: 1 year+

Results

AIS Novations completed the entrusted mission successfully. Our developers created a user-friendly and responsive front-end component of the application from scratch. The platform is flexible, scalable and easy to use for both borrowers and lenders.

The client highly appreciated our contribution in project development. We completely met the requirements outlined by the client, and also provided our suggestions on the design improvements.