"We can do everything we need on one platform, which helps us work more efficiently, helping more individuals and families achieve the dream of homeownership.”
DENVER, October 11, 2023 – Vanderbilt Mortgage & Finance, Inc. (Vanderbilt Mortgage), a national home lender, has chosen the Mortgage Cadence Platform (MCP) by Mortgage Cadence, a subsidiary of Accenture (NYSE: ACN), as its Loan Origination System (LOS) to deliver a more modernized experience for its customers.
Vanderbilt Mortgage helps make homeownership more attainable by financing new and used off-site built homes, servicing those loans, and providing financing for home upgrade projects. With the help of MCP, Vanderbilt Mortgage will be able to improve its customer experience in innovative ways.
“MCP stood out because of its flexibility and ability to provide not only a seamless and modern experience for team members, but helps us adapt to changing market conditions and borrower needs. We can do everything we need on one platform, which helps us work more efficiently, helping more individuals and families achieve the dream of homeownership,” said Jeff Russell, President of Vanderbilt Mortgage.
MCP’s open architecture will allow Vanderbilt Mortgage to customize its platform and select the tools that work best for its business while providing one single system of record for all its products and services.
“The goal of MCP is to work for any type of lender, and Vanderbilt Mortgage is a great example of that. MCP helps seamlessly manage all activities from one single platform that is able to scale with them and adapt to the changing needs of their borrowers,” said Pedro Garcia, CEO of Mortgage Cadence. “Vanderbilt Mortgage does important work to make homeownership more attainable for all, and we are proud to be a part of that.”
Vanderbilt Mortgage and Finance, Inc. is a national housing lender that specializes in financing manufactured homes. In business for more than 40 years, the company currently services more than 200,000 home loans and works hard to tailor loans to each family's needs. For more information, visit www.vmf.com.
ALL LOANS SUBJECT TO CREDIT APPROVAL. Vanderbilt Mortgage and Finance, Inc., and its dba Silverton Mortgage, 500 Alcoa Trail, Maryville, TN 37804, 865-380-3000, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Loans made or arranged pursuant to a California Finance Lenders Law license, GA Residential Mortgage (Lic. #6911), MT Lic. #1561, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking, Rhode Island Licensed Lender. Equal Housing Opportunity.
Mortgage Cadence delivers the industry’s most complete, modern, cloud-based digital lending platform designed to provide an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products. With a leading borrower point-of-sale through closing collaboration tools, the end-to-end platform is both complete and configurable, offering an open architecture designed to meet the needs of today’s lenders. The platform enables lenders to work more efficiently, leveraging automation and workflow tools that deliver an excellent borrower, sales, and operational user experience. For more information visit www.mortgagecadence.com.