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."