Vesta is a modern mortgage loan origination system built to help lenders reduce their cost per loan by allowing the software to tell users what work to do in the form of granular tasks, to automate pieces of the process like running integrations, flagging scenario changes, and allowing admins to edit loan workflows in no-code.
For the last decade, loan origination costs have continued to climb despite continued investments in technology. Vesta’s view is that in order to reduce costs for lenders, the LOS has to become much smarter — it must tell users what work to do and automate significant portions of the process. Otherwise, loan processing staff will continue to spend most of their time figuring out what work to do and repeating work that’s already occurred.
San Francisco, CA