Community Bank Picks Mortgage Builder for Origination Software
Black Hills Community Bank selected Southfield, Michigan-based Mortgage Builder Software's loan origination platform to facilitate the loan process at its growing mortgage division. The Michigan-based bank recently hired Lori Lynass to head up real estate loans as it expands its mortgage business. Lynass brings 20 years of mortgage experience to the bank and chose Mortgage Builder to automate the loan process at the bank. The pay-per-loan software delivers pre-qualification tools, processing and underwriting services, as well as post-closing and document-tracking services. Black Hills Community Bank said it has yet to use the product's full range of functions, including the interface with FHA Connection, which allows users to perform FHA origination functions like ordering case numbers and submitting for insurance. "We’ll work into them over time as we expand our lending volume and requirements,” Lynass said. Write to Diana Golobay.