Game Change

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Special Advertorial Section LoanBeam CORPORATE PROFILE Delivery Platform SurePrep provides technology and service solutions to both the tax and accounting and mortgage industries. SurePrep has been in business since 2002. LoanBeam is a client-server application built on the Microsoft .NET framework. The client-side application, or LoanBeam Dashboard, is installed locally. The LoanBeam production servers are hosted by IBM at two of their data centers in Dallas. The IBM data centers are SAS-70 Type II and SSAE 16 certified. LoanBeam client-server communications use industry-standard 2048-bit Secure Socket Layer encryption for all data transfers, the same encryption technology used by banks for securing online banking transactions. Company History Corporate Headquarters Key personnel David Wyle President and CEO Makarand Karkare VP, Software Architecture and Design Pete Miele VP, Sales Number of Employ ees 180 contact infor m ation Wes Lazear Regional Sales Manager 855.544-2326 ext. 1084 17890 Sky Park Circle, Suite 100 Irvine, California 92614 Phone: 855.544.2326 (BEAM) Web: Email: With more than eleven years of experience in the tax form and Optical Character Recognition (OCR) industries, SurePrep's patented technology has been used in the preparation of more than 1.1 million tax returns. In 2010 SurePrep took that tax form and OCR knowledge and expertise to the mortgage space with LoanBeam. competitive advantage Business lines, services, and products Manually calculating the qualifying income of a residential mortgage applicant is time consuming, error prone and introduces credit risk. Required documents like K-1s and tax returns are often received piecemeal and late in the process. The manual entry of data from tax documents inefficient and increases the chance of errors. Different skill sets and credit policy interpretations produce inconsistent income calculations. The result: lost time and an increased risk of "buy-backs". Using OCR, LoanBeam exports data from tax return PDFs to an Excel file that automatically calculates the qualifying income of a residential borrower. LoanBeam allows lenders to arrive at an accurate income calculation more quickly, more confidently, and with more consistency than ever before. LoanBeam drives standardization, automates manual processes, and streamlines workflow. Today's regulatory landscape demands a solution that removes inefficiencies and lowers credit risk from the process of qualifying a residential mortgage applicant. LoanBeam is the solution. Geographical Scope and Coverage Area There is no other product like LoanBeam on the market. SurePrep is uniquely qualified to deliver its mature tax form expertise, patented OCR technology, and IT infrastructure to the mortgage space. SurePrep has been providing technology solutions to some of the largest banks and accounting firms in the world for more than a decade. Client Testimonials "LoanBeam allows me to deliver a loan package to underwriting with the Fannie Mae cash flow analysis already in it. This will immediately remove any hesitation the underwriter might feel when the package is assigned to them. My borrower's returns are very complicated and this is the type of file even seasoned underwriters like to avoid, but not with LoanBeam." —Ruby Callihan, WLS Mortgage "I scanned a 951-page tax package into LoanBeam for a client of ours that has 12 businesses. LoanBeam automatically calculated the qualifying income, saving me a whole day. This program is awesome!" – Jewel Schmitt, Waterstone Mortgage United States "LoanBeam is making our lives easier." Product solution LoanBeam Key features: • LoanBeam automatically calculates the qualifying income of a borrower in a fraction of the time that it would take to calculate manually • LoanBeam identifies missing tax documents that are still needed from the borrower • LoanBeam utilizes standard qualifying income formats like Fannie Mae Form 1084, Freddie Mac Form 91, or customizable formats • LoanBeam leverages your knowledge of Microsoft Excel • LoanBeam is easy to implement and users can be up and running in minutes 42 | The M Report – James Guzik, Surety Financial Services "It is a fantastic system." – Todd Seabold, Surety Financial Services

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