As a major Mortgage lender grew, its loan processing system couldn’t keep up – limiting its ability to handle increasing loan volumes and introduce new services. For the company to continue its aggressive growth trajectory, it needed a powerful, scalable processing system. To succeed, this complex project needed to be rapidly deployed without any disruption of daily operations. Confidential financial information had to be handled with the highest level of security and without error.
The Lochbridge team conducted a gap analysis which compared the new and legacy systems, creating the foundation for a complete implementation plan. The Lochbridge team built a data warehouse, deploying a team of specialists to ensure accurate data conversion and create custom interfaces that the company’s employees could maintain. Lochbridge launched the new fully functional, high-performance processing system within one year, providing a firm foundation for continued rapid growth.
- Increased Loan Processing Capacity
- Ability to Integrate New Products & Service Offerings
- Full Regulatory Compliance