Skip to main content

United Wholesale Mortgage Adopts Bestborn's Accounting Software
Aug 05, 2015
United Wholesale Mortgage (UWM) Logo

Bestborn Business Solutions has bolstered the efforts of Troy, Mich.-based wholesale lender United Wholesale Mortgage (UWM) by equipping it with its Loan Vision mortgage-focused enterprise accounting software. The technology has improved the lender’s status as the nation’s top wholesale lender.

“UWM is the leading wholesale lender nationally, in terms of volume, and it has everything to do with a focused effort to align our technology goals to streamline the loan production process,” said Paul Orlando, UWM’s CIO. “It’s great to partner with companies like Bestborn; their Loan Vision product has helped us identify and improve areas in the channel where costs were substantially higher, as well as target and pursue business that’s most profitable for us.”

Already using paperless technology, a growth opportunity was recognized in implementing paperless efficiencies across the financial side of the business. They realized that if they invested more in technology, they could gain a substantial lead on their competitors. By turning to Loan Vision, UWM was able to eliminate manual workloads and reduce reliance on multiple software platforms, providing an entirely paperless system and faster business insights.

For mortgage companies like UWM, Loan Vision brings enterprise level accounting and business management functionality with unmatched flexibility. Built on Microsoft Dynamics NAV, Loan Vision can seamlessly interface with key systems such as a loan origination system or data warehouse, efficiently passing detailed loan level information into the accounting system. The platform also contains modules for interim servicing and loan officer commission, as well as a branch portal.

“The operational improvements Loan Vision provided UWM are just an example of the huge financial benefits lenders can achieve with the right financial software,” said Martin Kerr, president of Bestborn. “Driving down operational costs should be the focus of every mortgage lender. Leveraging the right technology to reduce manual workloads for all departments and increase productivity will make all the difference.”

Aug 05, 2015
More from
Total Expert Introduces New Functionalities And Products For Banks And Lenders

Total Expert upgraded its CRM and customer engagement platform with a series of new functionalities and products.

Oct 22, 2021
Blend Launches New Income Verification Product

Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.

Oct 21, 2021
ICE Mortgage Announces 0 Percent Loans For HFA Borrowers

ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.

Oct 20, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Oct 19, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Oct 18, 2021