Better loans. Brighter futures.
Your mission is to help families pay for college. We understand, and are here to help you. The Anovaa team has decades of experience in student lending and all its nuances. We’ve built that knowledge into our Anovaa platform and Originate loan outsourcing solution. Anovaa will ensure you deliver on your mission through innovation, technology, and student lending expertise.
Now that’s SMART lending.
SaaS platform — White-label branding — Turnkey outsourcing — Easy customization
Launch more loan products faster
- Student Undergraduate and Graduate
- Parent Undergraduate and Graduate
- Bar Study
- Income Share Agreements (ISA)
- International Student
Make it easy for students to build their dreams
Today’s student borrower is digitally savvy. So are their parents that co-sign many loans. Anovaa makes it easy for them with mobile, web, and in-branch options, supporting both individual and co-signed loans. Using prequalified offers, we can prefill student loan applications and automate income verification steps to speed up loan processing and simplify the customer journey. And, with fixed and variable rate options, single and multi-year loans, and flexible repayment terms with deferral alternatives, students can personalize their loans to best fit their needs as they build their dreams.
Credit customization leads to more loans
Increase customer acquisition and pull through with easily configurable credit options. Of course, FICO based credit scoring is available, but Anovaa goes further. We’ve included an on-board credit and pricing engine that integrates traditional and next-generation customized credit scoring. It’s designed so you can use application data, profile data, GPA scores, or a variety of other credit variables from third party sources to assist in determining a borrower’s creditworthiness. Anovaa also includes a risk-based pricing engine for high-quality underwriting with personalized credit and payment options that are proven to increase loan close rates.
Have it your way - We do the hard stuff
At Anovaa, we’ve integrated decades of specialized experience into our student lending platform and Originate outsourcing services. In addition to standard loan origination features, we’ve added behavior analytics for optimizing the customer experience, alternative credit models to increase lending opportunities, disclosure management for standard, regulatory, privacy, and consent disclosures to ensure compliance requirements are met, SMS services for modern customer communications, and flip-a-switch controls, so you can easily configure your student loan products to meet your organizations’ business goals. Or, we can do it for you with our Anovaa Originate solution for turn-key loan origination outsourcing.