The Simple Secret to Maximizing Lending Efficiencies in a High Volume Market

This year’s low mortgage rates fueling record-high lending volumes paired with adapting to remote work has created a rollercoaster for mortgage professionals. Higher volumes require LOs, LOAs and processors to juggle significantly higher volumes of details, documents and deadlines every day. 

Without smarter systems, the daily time and effort required to make sure nothing falls through the cracks increase proportionally to volume. Inevitably with all the additional information to track, important details or steps get missed. The result is wasted time, lost effort, potential penalties and lost revenues. But it doesn’t have to be that way. 

This whitepaper explores how a forward-thinking division of American Pacific Mortgage overcame all of these issues, increased its production and revenues by 280% and quadrupled processing in under 30 days. The division has reported significant and near-immediate benefits including:

  • 280% increase to ongoing revenues with no additions to headcount
  • Quadrupled production and processing productivity
  • 10,400% ROI achieved in the first month

Learn more and see how they did it.

Author: TeamworkIQ

Date: October 2020

Most Popular Articles

Prepare for the rise in mortgage rates

Economists offer their takes on how high mortgage rates will climb, how lenders will respond and what impact this will have on the housing market. HW+ Premium Content

Jan 18, 2021 By

Latest Articles

2020 ends with 3.4 million loans in delinquency

The final delinquency tally for December is in, with data revealing that by end of 2020, 1.54 million more mortgages were reported delinquent.

Jan 22, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please