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Frequently asked questions:

 

These are some of the most common questions about the implementation of our Database application.

 

Is SX3 software compatible with Windows 7?

 

Yes, SX3 Software is compatible with Windows 7 for both, 32 and 64 bits.

   

I have a sever and multiple stations, how many licenses do I need to purchase?

 

ONLY ONE! SX3 is network ready and we offer an array of licenses for multiple users to cover all your needs:
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SX3 Loan Modification - Short Sale v4.0 2 user.

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SX3 Loan Modification - Short Sale v4.0 10 users.

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SX3 Loan Modification - Short Sale v4.0 20 users.

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SX3 Loan Modification - Short Sale v4.0 30 users.

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SX3 Loan Modification - Short Sale v4.0 50 users.

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SX3 Loan Modification - Short Sale v4.0 100 users.

All the levels offer the same features and functionality, the only difference is the total number of users allowed.

 

   

How fast can I have my license installed?

 

The same day your payment is received! Our users also count with a complete support website. This website contains a complete menu of video-tutorials and text help sections that will teach you how to setup the program, customize your documentation, create users, case processing, negotiation and more.

   

How often do you release updates and how do I get them?

 

We are constantly improving our applications, recently we added the Catalog of Attorneys (for Attorney based Modification Companies) and the Home Affordable Modification Program guidelines based on the Federal requirements. Visit our updates pages for details.

 

The latest version of SX3 loan modification software allows our Customers to download the latest improvements of the software with a simple click; all what is required is to log into SX3 as ADMINISTRATOR and click on the menu option "System Update" and the system gets updated automatically!

 

   

Can my Customers (Homeowners) check the status of their cases online?

 

YES! If you purchase SX3 Web Component you can grant access to your Customers to YOUR OWN website. You Customers will be able to go to your website e.g. www.xyzloanmods.com/login and enter the user name and password, then they will see a page containing information about their case, the negotiation notes YOU decide to publish and the status of the case.

Each of your Customers gets assigned a user name and password (that you can change) that allows them to log in.

   

Can the users access the program from my remote offices, can the program be hosted on a remote server?

 

YES! It is very easy, you have several options to allow access to remote users keeping your data secure.

 
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Remote server hosting: SX3 can be hosted on a remote server (e.g. godaddy.com, gatorhost.com). This will allow the users to access the program via the internet from offices located in different cities.

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Local server with remote access: on your own local server you can also setup a software like Windows Terminal Services (widely used on network environments) and allow remote users access into the SX3 via the internet. The remote access software is not included with your license of SX3 Software.

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VPN connection: you can establish a VPN path to the data folder on the server, this will allow internet based access to the software. This option is only recommended if your internet connection is stable and very fast. This should be your last option.

 

Check the system Requirements page for operating system specifications.

   

What are the main advantages that make SX3 the best option?

 

 
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User interface & ease of use: after more than 20 years designing software applications, our software Engineers know what it takes to design software tools that are intuitive and easy to use. Check our sample screen pages and see for yourself why our Customers love the SX3's interface.

If you are an IT professional or a business manager you know how difficult can be to implement a new software platform that does not offer an easy way to control your day-to-day operations, this can be the difference between chaos or success.

 

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Flexibility: SX3 offers the most flexible loan modification software available today. Most of our options are not fixed but drop down menus that each user can customize to their own needs.

Additionally, SX3 is the only loan modification software that offers an open Documents Template module where you can import from Microsoft Word your existing documents (welcome letter, clients responsibility list, do not contact letter, etc) and insert macros like Borrower's name, Address, Loan numbers, etc. to build your own menu of common documentation, which can be easily printed or emailed.

Check the details features pages to find out more.

 

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Feature rich: we offer by far the most feature rich loan modification software tool available in the market today; from a multi users database with English and Spanish user's interface to a very complete Loan Modification Proposal. Please check our detailed features for more information. 

 

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Security: we not only offer many levels of security "per user" where you can specify access to information, modules and functions of the program but we also offer a physical software key that allows you to LOCK your software when you need to.

 

With the SX3 USB dongle key you can decide whether the program can be accessed or not; if you unplug the key the software won't open. In the event that your data gets stolen our proprietary technology will protect you and your Customers, the program won't be accessible unless the physical dongle key is connected to the computer where the database is installed (digital authentication is also available for remote hosted servers). Please visit our security page for more details. This security feature makes SX3 unique and provides you and your customers peace of mind.

 

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Scalability: SX3 was designed by professionals with years of experience and tested with a demo database of more than 10 million cases. Our relational database was designed in such a way that it can be expanded to accommodate the most rigorous environments with high loads of concurrent transactions.

 

   

Can I predefine my own process pipeline and milestones?

 

 

YES! With SX3 you can specify your own statuses per case, for example:
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Lead: Just received - Review.

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Lead: Documentation completed - Transfer to Cases.

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Lead: Rejected - Does not Pre-Qualify.

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Case: Just received - Review.

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Case: Forensic Audit requested.

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Case: Complete - Send Modification Proposal to Lender.

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Case: Complete - Waiting Lender's decision.

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Case: Complete - Approved.

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Case: Complete - Rejected.

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Archive: Approved.

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Archive: Rejected.

 

This list is open and you can add, edit or delete statuses as desired. You can also specify the milestones per status, for example:
 

Case: Forensic Audit requested.
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Send mortgage information.

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Confirm that auditing company received package.

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Verify results - Enter result in case.

   

Can I use SX3 without a scanner?

 

Yes! You can easily import PDF files into the program and associate them to each required document per case. For example:
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You can import a PDF file with all the Borrower's paystubs and associate the file to the "Borrower's paystubs".

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You can import a PDF file with the taxes and associate it to the "Borrower's or Co-Borrower's Tax Return".

Important: if you use a scanner you can also scan documents into the program as PDFs or GIF files.

   

Can I use SX3 with a scanner connected to my network?

 

Yes! Network scanners can be easily configured to save the scanned documents as PDFs files, and you can easily import these files into the program and associate them to each required document per case. You can specify different target folders, as detailed as one individual folder per user to identify the document owner on large network environments.

   

Is SX3 Loan Modification software compatible with Windows Vista?

 

YES! it is compatible with Windows Vista and XP, check the System Requirements for details.

   

Can I see the software before I purchase it?

 

Yes, we offer a guided online LIVE demo session using the actual application. Contact us today to schedule your demo.

   
 

 

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