It is the only true apples-to-apples comparison of lender performance available in the industry.
Platform
Solutions
Integrations
Company
Platform
Solutions
Integrations
Company
It is the only true apples-to-apples comparison of lender performance available in the industry.
The numbers are in! Where do you fall in the Mortgage Cadence Annual Benchmarking Study?
"This is critical for lenders who want to grow their businesses this year because the battle for borrower share is a zero-sum game."
"You'll only make the mortgage if you reach your member at the opportune time."
"A single technology platform stores all relevant loan and borrower data in the same way and in the same place, simplifying audit trails and compliance reporting. This alone has been reason enough for many lenders to put all real estate lending on the same platform."
Matt Hydrew, EVP Sales
If solely technology could make the difference, those using the “best” LOS would all perform at a very high level. The truth is, however, that technology is only part of the answer.
As an innate feature of Mortgage Cadence’s LOS, Borrower Center creates a fully integrated digital experience for borrowers.
Tracking these KPI’s and maximizing them is one of the surest signs of a high performance lender.
The product suite walks prospective homebuyers through the mortgage application process step-by-step and enables clients to provides loan status and other information related to the borrower’s loan application via tools within the platform.
"In order to satisfy all segments of the market, the survey results suggest a reasonable balance between automation and human interaction needs to be established."
There is ample opportunity to create a unique combination of internal resources, software vendor resources, and third-party partner resources to best fit priorities and budgets.
From application to compliance to closing, there's never a need to leave the platform.
The thing is, though, that the five-year period from 2012 through 2016 was a period in mortgage history like no other. The data keeps raising interesting questions as well as yielding interesting results.
The Borrower Center is a cornerstone of Mortgage Cadence’s cloud-based technology, providing a highly secure, always-on-and-available-everywhere capability to help guide borrowers and lenders through the mortgage origination cycle.
"We should start educating the public, especially first-time homebuyers on affordability."