Open FNM File
An FNM file is a data file used by various mortgage applications, such as Calyx Point, PCLender, and Encompass.
This makes the FNM file a multi-application file type.
What is a Mortgage Application?
A mortgage app is typically a cloud-based crowdfunding platform that helps businesses manage and monitor their crowdfunding efforts.
These kinds of apps offer features for investment analytics, crowdfunding performance tracking, portfolio management, transaction monitoring, payment management, investment management, and more.
These platforms can often be fully customized with company branding to suit the needs of each business.
With such an app, companies can gain insight into their crowdfunding and fundraising operations with analytics and reports.
These platforms offer metrics like crowdfunding performance, total transactions, payments, loan application amounts, and more.
The idea of these applications is to facilitate and optimize the customer experience in a task that is usually long, tedious and bureaucratic.
An FNM file contains loan origination data from a 1003 mortgage application form, including loan type, loan duration, loan amount, applicant name, property address, type of interest, monthly income and contact information.
FNM files are used for a variety of business transactions, loan underwriting, and credit presentation.