Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI
See how theLender, using transformative digital technology, grew their lending volume by orders of magnitude with an innovative approach to mortgage lending.
Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience. theLender recognized this gap in the market to address the pressing needs of both lenders and borrowers.
theLender achieved full automation in the loan documentation process for each of its unique loan products, including auto-population through a direct import from the Encompass loan origination system.
In just the first-month, theLender was able to process more than 100 loans, tripling volume over the course of the next month. After just six months, the company is well on its way to achieving a 10x increase in volume.
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