Loan Origination Process for Mortgage Firm

Suma Soft's Loan Origination Process Helped Increase Productivity Of USA's Leading Mortgage Provider

Client’s Background

The client is a national-level mortgaging firm oering mortgage solutions to customers of varying income and credit type. With a team of dedicated professionals, the firm excels in finding the right loan- with best rates, terms and costs -to meet every customer’s unique needs.

Project Requirements

In order to expand its business and broker network, the Mortgage client required an improved Mortgage loan origination process with detailed and streamlined processes. In their previous loan origination model, the primary activity was input of loan data. The success with Suma Soft's initial engagement and its impact on cost-reduction, improved TAT & quality; led to applying the best-practices in all other parts of the mortgage origination processes.

Solution

Suma Soft set up a team of experienced resources that could understand and identify the improvements in maximizing the utilization and achieving quality at the same time. The success with Suma Soft's initial engagement and its impact on cost-reduction improved TAT & quality; led to applying the best practices in all other parts of the mortgage origination processes.

Key Processes Established by Suma Soft
Business Outcome

Suma Soft’s process helped the client with better turn-around time at reduced costs and improved quality standards

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