Lifestyle Lending Solutions is a web-based lifestyle lending software solution. Lifestyle Lending Solutions provides three essential functions for a financial institution: online submission, Find a Doctor program, and automated underwriting. The focus of our software is to facilitate the lending process without requiring an extensive computer background to operate the program.

Providers and patients/clients can easily submit credit applications directly to the financial institution in 3 easy ways:

In Office – Just fill out the application located inside the brochure and give it to the office manager

Fax – The patient/client may fill out the application and fax it to Lifestyle Lending Solutions and we will input the application on behalf of the provider.

Online – the patient/client may apply from the comfort of their own home by going to www.lifestyleLS.com. and locate the provider through our find a doctor program or enter the provider ID directly, and complete the application process.

When a provider submits an application online to a lender, the lender's credit report is pulled and the application is sent through the automated underwriting engine which the lender has custom built. If the loan qualifies for the financial institution’s system approval, the provider is alerted within 10 seconds. If the application fails any parameter in the automated underwriting engine, the application falls in the lender's loan queue for manual review.

This exciting new tool can be directly linked the credit union’s website to help their members search for medical or retail providers in their area that offer local credit union financing. Once the member finds the provider they are searching for they can go to the provider’s website, locate their office on a map, receive driving directions to that provider, and begin the application process by choosing "apply now."

Each financial institution controls their underwriting engine by activating any combination of more than 35 measurements. These measurements are controlled and accessed by users with an administrative password. These measurements can be changed on a real-time basis. The underwriting engine accomplishes several tasks. When the individual grades in the engine are made available to a provider, these grades act as system approvals. A financial institution can build several underwriting engines. These grades and interest rates incorporate risk based pricing. Whether the grade is active to a provider or not, these lending measurements and guidelines are made available on an individual loan basis to the loan officer underwriting the loan. With a click of a button the current loan is compared to the financial institution's underwriting guidelines and the loan officer is presented with each measurement in which the loan falls short.