After a quick 90-day implementation, Home Bank is now live on the platform and also using its integrated Borrower Center, an intuitive online origination portal.
DENVER; August 7, 2018 – Home Bank, N.A., a subsidiary of Home Bancorp, Inc. (Nasdaq: “HBCP”), has implemented the Loan Fulfillment Center (LFC) from Mortgage Cadence, an Accenture (NYSE: ACN) company.
Available through the Mortgage Cadence cloud for swift accessibility, LFC is an out-of-the-box retail loan origination platform capable of handling mortgage requirements from application to closing and delivery. After a quick 90-day implementation, Home Bank is now live on the platform and also using its integrated Borrower Center, an intuitive online origination portal.
“Given the highly competitive industry we serve, lenders must have technology that fits their needs not just today, but for many years to come,” said Trevor Gauthier, Mortgage Cadence’s president and chief operating officer. “While some companies offer just one loan origination system, Mortgage Cadence is well positioned to meet the diverse needs of our customers thanks to our two different loan origination systems, Loan Fulfillment Center and Enterprise Lending Center. LFC offers out-of-the-box functionality that a smaller administrative team can quickly personalize. It is the perfect fit for Home Bank.”
Melissa Reynolds, mortgage lending coordinator and training director at Home Bank, said, “Mortgage Cadence blew away the competition, in terms of available workflows, including Borrower Center and the Virtual Loan Folder, and the intuitive nature of the tools. Loan Fulfillment Center enables us to close more loans without increasing our staff or overhead.”
Two of LFC’s key components are Borrower Center and Virtual Loan Folder. Borrower Center is an easy-to-use origination tool that, among other things, allows loan officers to add a “click here to apply” button in their signature files and launch their own personalized origination sites to capture business from consumers and business partners. Virtual Loan Folder is an electronic document classification tool that eliminates many manual processes, including the printing, scanning and repackaging of documents, and can be set up to meet nearly any investor’s requirements.
“We chose Mortgage Cadence’s Loan Fulfillment Center because the company has made it clear that in addition to understanding and leading technological innovation in lending, they also care deeply about their customers,” said Reynolds of Home Bank. “Mortgage Cadence’s Customer Relationship team proactively identified that, as our needs had evolved, the Loan Fulfillment Center was now a better fit for us. It was incredible to have them watching our workflows so closely that they were able to guide us to a better solution, not to mention how quickly they were able to get us up and running on the new platform. They have far exceeded our expectations as a solutions provider.”
About Mortgage Cadence
Since 1999, Mortgage Cadence, champions of the lending process, have been providing the best people, process and technology for enterprise and mid-market lenders who desire to deliver an exceptional borrower experience. From point-of-sale through post-closing Mortgage Cadence offers reliable software and dedicated people, supporting lenders every step of the way.
About Home Bancorp
Home Bancorp, Inc. is the holding company for Home Bank, National Association, a nationally chartered bank headquartered in Lafayette, Louisiana. With 39 locations across South Louisiana and Western Mississippi, Home Bank is committed to serving the needs of its communities. Personal banking has always been Home Bank’s trademark, and that tradition continues as the company grows, invests and serves its clients and community. For more information about Home Bank, visit www.home24bank.com.