The CarletonCalcs® OriginationPlus API combines both the Loan Origination API and Compliance API in the same call. This results in precise and compliant payment computations, insurance, fees, ancillary products, and other components of a consumer loan transaction including all Federal Truth In Lending Act (TILA) disclosure requirements. OriginationPlus has been specifically designed for direct loan originations, where the standalone Compliance API is used to validate existing TILA contract values.
Combining the most robust and configurable calculation engine available today with the industry-leading provider for compliance support, your team can trust that the OriginationPlus API will compute the most accurate and compliant payment through your platform.
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