Grand Rapids, Mich.-based VanDyk Mortgage has selected the Loan Vision software application from Bestborn Business Solutions, a provider of accounting and financial management solutions to the mortgage industry, as its new financial management solution.
“Making the transition to Loan Vision will allow the VanDyk finance team to support the continued growth and success of the organization as a whole, giving us greater insight into our operations and helping us manage costs at a far more granular level than we have been previously able,” says Justin McDowell, chief financial officer of VanDyk Mortgage.
“Over the past 18 months or so, we have gathered significant momentum amongst some of the largest lenders in the industry,” says Martin Kerr, president of Bestborn Business Solutions. “VanDyk’s move from AMB is another great example of industry leaders moving away from older technology and embracing progressive solutions.”
Built on Microsoft Dynamics NAV, Loan Vision brings enterprise-level accounting and business management functionality to the mortgage banking industry and a new option for lenders that require more flexibility in their enterprise software. According to Bestborn, Loan Vision can interface with any loan origination system, passing detailed loan-level information directly into the accounting system, thereby reducing manual workload and avoiding the risks of human error that come with re-keying data. The platform contains modules for interim servicing and loan officer commission, as well as an extensive branch reporting module.