Black Hills Community Bank Selects Mortgage Builder

Posted by Orb Staff on July 28, 2009 No Comments
Categories : Residential Mortgage

City, S.D.-based Black Hills Community Bank has selected Mortgage Builder as its loan origination software (LOS) system. According to the bank's real estate loan manager, Lori Lynass, the LOS was selected after it was determined to meet the standards of a national mortgage banking company that Black Hills uses as an investor for its loans. Lynass says the Black Hills' loan department adapted to the system quickly. "Everything made sense and was intuitive, so it didn't take long at all to have a complete grasp of the essentials," she says. "A few hours of webinar training with a customer support account specialist, and we were comfortable being on our own." Mortgage Builder is an end-to-end system that includes electronic document management capabilities and an embedded interface to FHA Connection. Black Hills has not yet used the FHA Connection, but Lynass says the bank is working with the tech vendor to expand its lending volume and requirements. SOURCE: Mortgage

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