For many lenders, the paperwork and time required to originate and service loans is a leading source of redundancies and expense inefficiencies. Streamlining back-end processes through automaton leads to increased productivity and volume, lower production costs, and ultimately helps a mortgage lender to become the lender of choice for their customers.
Bradek uses a combination of packaged solutions along with Bradek custom applications to dramatically reduce the cost of producing a loan while increasing the volume of loans a lender originates. The solution is applicable for any lending product originated in any distribution channel and can be deployed rapidly in:
* Retail
* Inbound/outbound telemarketing
* Wholesale
* Kiosk
* Correspondent
* Internet
* Broker
* Mobile
* Portfolio refinance
What is the value in automation?
Increased productivity, decreased costs
Automating the complete origination process can help to close over 50% more loans monthly without adding manpower. Bradek can help assess a client's current environment and create solutions that will increase their staff productivity and decrease an organization's overall servicing costs.
Increased pull-through
By putting the full underwriting decision at the first point of customer contact, a mortgage lender can increase pull-through up to 35% - results that really impact the bottom-line.