Why Lenders Choose North Shore Systems for Loan Origination Automation
North Shore Systems is in its third year of marketing its state-of-the-art loan origination and portfolio analysis system. In the past three months, five more lenders choose North Shore Systems.
Recently procuring the system were:
- Jackson Federal Bank, Brea, CA
- Legg Mason Mortgage Corp, Baltimore, MD
- Church Development Fund, Anaheim, CA
- Johnson Capital, Irvine, CA
- Network Bank USA, Los Angeles, CA
Consequently, these financial institutions join seven other NSS customers in preparing for the future. Productivity, cost cutting, and customer service have become the key differentiating factors in successfully increasing lending volume.
Alongside deal management, pipeline tracking/reporting, and workflow automation, the systems underwriting and closing functions are being implemented. Additionally, these companies will use North Shore’s portfolio reporting capability to manage their business and determine where to concentrate their efforts.
One Sr. VP of lending sums it up this way: “We are on a mission to improve our processing times and eliminate double entry of data throughout our organization. The North Shore system is a critical component of our strategy. We believe the North Shore system will allow us to integrate our processes in ways not possible just a few years ago, and we expect that timeliness and efficiency will be significantly improved once the system is fully operating within our organization.”
Furthermore, Brian McCracken, North Shore president, explained that “the company’s web-based software release – North Shore G2 – provides all the features and benefits of its original client server system, with the added benefit of thin client, making it easier to implement, administrate and access.”
