Lenders One and Mortgage Builder partner for end-to-end loan originationMortgagePress.comLenders One, Mortgage Builder Software Inc., loan origination software, Luke Pille, Keven Smith
Lenders One Mortgage Cooperative, an alliance of mortgage
bankers, has teamed with Mortgage Builder Software Inc., a
Southfield, Mich.-based provider of loan origination software for
the mortgage industry, to offer end-to-end loan functionality for
Lenders One members. The partnership will give cooperative members
increased productivity and reduced costs by eliminating manual
processes as well as having online accessibility to real-time
data.
"It is important that Lenders One can provide a comprehensive
suite of mortgage products to its members that will satisfy their
individual needs and ensure added efficiencies, continued growth
and success in their communities," said Luke Pille, Lenders One
director of national programs. "Mortgage Builder best supports our
diversity of lenders in offering compatibility with both retail and
wholesale production. The company's 'everything's included'
approach offers electronic document management and compliant
closing document generation at no extra charge, so Lenders One
members can opt to pass the savings onto their borrowers and gain a
competitive advantage in their markets."
Mortgage Builder's system functionality includes
prequalification tools, processing, underwriting, closing, interim
servicing, document tracking, secondary marketing, document imaging
and more. Lenders One members using Mortgage Builder Software have
accessibility to more than 60 interfaces to most third party
vendors for services such as flood, title, compliance and mortgage
insurance. Mortgage Builder also provides multi-level security and
audit controls for online viewing and editing of loan documents, as
well as efficient, real-time pipeline management.
"Mortgage Builder's total loan origination solution encourages
unlimited growth and flexibility for lenders because of its
scalable, configurable architecture," said Keven Smith, Mortgage
Builder president and CEO. "Partnering with Lenders One allows its
membership to ultimately be more profitable with the improved
efficiencies and lowered costs available through our end-to-end
technology capabilities."
Joe Lindau, director of secondary marketing for Howard Hanna
Mortgage, a Lenders One member and eight-year Mortgage Builder
customer, explained, "Mortgage Builder not only knows software
systems, but they also know the mortgage banking business and
understand the needs and concerns of lenders. Their employees want
to help their customers--they guided our company through
improvements that we had yet to explore."
Pille added, "Mortgage Builder has the flexibility to tailor its
system to match the way each of our lenders does business. Lenders
One members have the opportunity to build their product offering,
increase their ROI and maintain the superior service for which they
are known."
For more information, visit www.lendersone.com or www.mortgagebuilder.com.
