Candor Technology has signed its 60th client, Churchill Mortgage. Since its Loan Engineering System went into production in September 2020, Candor Technology has conducted more than 1.5 million hands-free underwrites for noteworthy banks, credit unions and IMBs.
Candor’s solution automates tasks and intelligence to autonomously conduct the credit and information risk assessment. In addition, the Loan Engineering System conducts detailed, nuanced crosschecks across a vast and complex set of dynamic data.
“With Candor as a core system we have an infrastructure with reliable cycle speed, loan quality, and manufacturing costs,” says Grant McFarland, Churchill Mortgage’s SVP of operations. “That control gives us the ability to innovate beyond workforce efficiency into areas that create a frictionless experience for the consumer.”
“It’s exciting to partner with a lender as innovative as Churchill Mortgage to help them bolster their automation capabilities,” states Brian Gunn, Candor’s CRO. “Churchill’s selection of Candor demonstrates their commitment to building an efficient, future-proof mortgage manufacturing operation to boost productivity, control costs, and best serve consumers.”