Mortgage Lender Rolls Out Homegrown LOS


California-based national independent lender Sierra Pacific Mortgage Co. Inc. has debuted its proprietary loan origination portal, ExpressLoan.

The company says ExpressLoan features an array of customized tools that provide Sierra Pacific’s third party originator (TPO) partners with a more intuitive and modern technology experience that supports the Sierra Pacific wholesale client experience.

ExpressLoan’s suite of tools include a more automated and organized document management solution, along with integrated solutions for validating income and assets at the point of sale.  In addition, the design of the user dashboard, along with clarity around the pipeline and processing milestones, bring enhanced and transparent functionality to the TPO partner. As a result, the partner gains more control and sees efficiencies improve.

“We’re proud of our legacy, but we understand that we have to continue to innovate and modernize to meet the expectations of our partners. We’re incredibly excited about our momentum as we continue to optimize processes and make additional investments in technology solutions that put our partners in a position to win,” says Sierra Pacific’s Amy Mahar.

“While we are very focused on providing solutions that are driven by technology, we know that care, empathy and expert guidance can’t be automated. By providing our partners with those attributes of our culture that are further supported by the technology rich functions of the ExpressLoan portal, we intend to drive a ‘wow’ experience to the TPO community that helps fuel their market share growth,” she adds.

Sierra Pacific serves the retail, wholesale and correspondent mortgage banking markets in 49 states through three regional fulfillment centers.

Photo: Amy Mahar

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