Incomparable Web-Based System Rescues Mortgage Industry

1003POWER.com Version 2 Brings Good News To Frustrated Professionals

Honolulu, HI (PRWEB) November 13, 2008 -- The revolutionary web-based loan origination system, 1003POWER, (www.1003power.com), does it again with the release the long-awaited Version 2. 1003POWER is the only 100% online tool of its kind, surpassing and building upon every feature of outdated software that is currently being used today. What was created exclusively for mortgage professionals proved nothing less than brilliant as it transformed the way the mortgage establishment works. Users today will find this system has more benefits than its software-driven competitors.

The highly anticipated debut of 1003POWER's Version 2 signals change in the mortgage arena. As environmentalism and "going green" are becoming more of a lifestyle choice than passing trend, it's clear that leaders in this market will profit from having more POWER...1003power.com that is. After a much-heralded successful debut of its predecessor, Version 1, the newly released 2nd version of this eco-friendly loan origination and processing tool will save professionals unlimited amounts of time, resources and most importantly money.

"My goal was to provide a product that continued to reduce overhead costs, increase loan production and relieve stress caused by a rapidly changing mortgage industry. The combination of having the ability to upload all loan documents and the borrower's ability to login 24/7 to view all loan documents and disclosures will give the broker more control over loan files when loan officers and processors are working from remote locations is most important," says Donna Iwane, CEO of DNT Holdings LLC and developer of 1003power.com. "Additionally, brokers will also have the capacity to monitor and maintain file control for multiple loan officers (1-1000 )."

The advanced integrated security levels found in 1003power.com prevents loan officers from being able to delete any files from the system or view documentation that does not belong to them. Once a file is in "Closed" status, the file is completely secured, in "View Mode" only and data cannot be edited or deleted from the file. "This is a key issue for companies with multiple loan officers who already work from home or are working from another state. Brokers cannot work based on 'trust' alone," states Iwane .

With the borrower having the ability to upload their loan documents and view loan status 24/7, 1003POWER will save both the broker and borrower time in having to mail, email or deliver borrower income and asset documentation. Iwane strongly suggests every loan officer invest into an efax since efaxes automatically save as a PDF and can be simply uploaded into 1003power system.

Subscribers of the landmark 1003power.com will be astounded by the multiple functions of its technology. Mortgage professionals will have the ability to save and upload Fannie 3.2 files into any lenders system. Plus this innovative technology is so versatile, it is about to set another precedent in loan origination and processing, eliminating all the irritants and wasted time endured by both brokers and loan officers by providing them with each and every tool necessary for quick, efficient work. In addition to saving businesses thousands of lost man-hours, this system also helps the environment, and a company's bottom line, eliminating waste of any kind as it's all online.

A sampling of 1003POWER Version 2's exclusive features include:

•    Ability to pull credit through over 50 major credit bureaus throughout the United States

•    All liabilities will auto populate into the 1003 application as well as the ability to ru loan approvals through Fannie Mae Desktop Originator and/or Desktop Underwriting.

•    Any updates or changes to the 1003 or GFE will automatically change in the borrower site

•    Borrower login section will include applications, disclosures, obtain up-to-the-minute loan status, automatic time/date stamped conversation logs and personal mortgage calculators with ability to view amortization schedules.

•    All files can be viewed online by the Broker giving more control over Loan Officers

•    3 level security: Administrator/ Broker, Manager, Loan Officer/ Processor

•    Brokers can elect to have users pay their own subscription

All of this is made possible by the most secure servers available, which are operated by 1003POWER. These advanced features continue to save companies tens of thousands of dollars a year in their electricity bills by not having to maintain their own servers. This also frees industry leaders from downloading the expensive upgrades or worrying about viruses, hackers and identity theft.

Professionals and clients alike can take advantage of 1003POWER's 10-day complimentary trial period by visiting 1003power.com. There is no commitment, but between the time, money and paper that are saved, mortgage brokers, loan officers/ processors and lenders will see what it means to truly have the POWER.

About DNT Holdings:

DNT Holdings is a company dedicated to providing management and time-saving tools to meet the needs of mortgage professionals. DNT Holdings develops and maintains the company's comprehensive web-based loan processing system, 1003POWER, (www.1003power.com), DNT Holdings continually strengthens and improves 1003POWER Version 1 and Version 2, to effectively meet the ever-changing challenges that face mortgage industry professionals. DNT Holdings strives with one goal to continually make it better, keep it secured and safe 24/7.

Media Inquiries Contact:

Suzi Bruno

PRIME L.A.

Email: suzib @ primela.com

Tel: (323) 962-9207

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