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

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