Irving, Texas-based Pacific Union Financial, a full-service mortgage company with operations and sales centers located across the country, is now using OpenClose's multi-channel, browser-based loan origination system (LOS), LenderAssist, to automate its wholesale lending functions from start to finish.
In addition, the LOS will enable the lender to establish complete data control and visibility over processes, OpenClose says in a press release.
Bill Berg, executive vice president and chief operating officer at Pacific Union Financial, says the company selected OpenClose ‘because its platform can scale with us as we grow while making sure we are efficient and compliant at everything we do operationally.’
‘In addition, we were attracted to OpenClose's use of a single code base throughout its platform and were impressed with the company's industry reputation for providing very hands-on, responsive installations and ongoing customer support,’ Berg says in the release. ‘We believe OpenClose will be an excellent long-term partner that will work side by side with us to innovate and customize the system to satisfy our desire to have the highest quality and most robust origination platform in the industry.’
Using LenderAssist, Pacific Union Financial will be able to dramatically elevate service levels for originators, speed up turn times, ensure compliance, reduce origination costs, and maximize employee productivity.
OpenClose will handle the onus of system implementation and configuration for Pacific Union Financial, as well as provide training and ongoing support.