NFM Lending, a mortgage lending company currently licensed in 29 states, has selected Loan Vision as its accounting software solution.
With Loan Vision, NFM’s accounting department will now have the ability to quickly drill down to the loan level and automate its accounting functions.
“We were looking for something industry specific,” explains Matt Glyder, chief financial officer at NFM Lending, in a release. “We were doing a lot of manual processes and looked to automate that.”
“Our previous accounting system was ten years old and at its end of life,” adds Chris Curcio, controller at NFM Lending. “We wanted increased efficiency and improved reporting capabilities to help our branches have more visibility into their financials.”
NFM Lending was sold on Loan Vision’s software after seeing the solution’s loan-level functionality and usability demonstrated during a recent industry conference. A longtime client recommended that the lender check it out.
Also a plus is Loan Vision’s ability to consume data from Ellie Mae’s Encompass loan origination system.
The process of implementing Loan Vision has been seamless for NFM, according to the release.
Weekly status calls between lender and vendor covering specifics of the project are keeping things on track, the firms report.