Loan Origination
A Robust and Configurable Calculation Engine
CarletonCalcs® Loan Origination API is the payment calculation engine that computes required payment, loan data, and contract disclosure values for a client’s defined loan products in each state of operation such as sales tax, fees, credit insurance, and more. With over 1,000 different possible interest accrual calendar modifications, Carleton’s 55+ years of experience, and clients in all areas of consumer and commercial lending, the loan origination API is the most robust and configurable calculation engine available today.
Accurate and Compliant
Carleton's Compliance Department has a team of dedicated attorneys working in collaboration with our Product Support Analysts to ensure a simplified and accurate implementation now and whenever updates are required in the future.
Efficient Structure
Configurations are structured as efficiently as possible to provide maximum synergy and optimization to the application of the CarletonCalcs® APIs used within your workflow.
Manage Discrepancies
Address discrepancies and provide proof of accurate calculations or apply updated files whenever necessary.
Continuous Collaboration
Provide continuous collaboration to ensure computations remain accurate and up-to-date whenever state and federal regulations or internal business requirements change.
Markets CarletonCalcs® Loan Origination Serves
Comprehensive Payment and Disclosure Calculations
CarletonCalcs® Loan Origination API seamlessly integrates with industry platforms for the following markets: