Case Study Cyprus Credit Union
Cyprus Credit Union Slashes Loan Boarding Costs with a Suite of Solutions
The Challenge
Cyprus Credit Union needed a solution that automated the boarding of loans to CENLAR and redirected loan originators time to more value-driven tasks.
The Results
Automated boarding of loans from Fusion Mortgagebot to CENLAR
Reduced per-unit fee for boarding loans by one-third the cost
Reallocated loan originators time to revenue generating activities
Robust suite of reports and performance scorecards
Actionable insights into loan pipeline for LOs and managers
“Our sales manager and originations team now get actionable pipeline insights that used to be locked away in our LOS. The reporting helps them stay on top of to-dos and motivates them to do more.”
Brent Pearson, Vice President for Mortgage Services
Cyprus Credit Union
