California-based JMAC Lending announced it has successfully implemented LendingQB’s Web-based, end-to-end mortgage lending platform, making it among the first lenders to adopt the new “Lean Lending” methodology.
JMAC worked with the LendingQB team to build a customized platform, offering unique features designed to enhance the customer experience and provide a more efficient loan origination process.
“We spent over six months evaluating over a dozen platforms and finally selected LendingQB,” said Christina Pham, president and CEO of JMAC. “It was selected for providing a web-based, natively built platform with robust underwriting and document management capabilities.”
According to a release, customers trained on the platform said they were impressed with the comprehensive pricing engine and automated underwriting capability, which helps eliminate much of the guess work related to lender conditions. They were also excited to be able to save difference loan scenarios, rates, and programs, according to JMAC.
“We now offer the best technology in the industry to our brokers that will dramatically improve their productivity and funding cycle times, which is mission critical for a growing purchase money market,” Pham said.