Digital Loan Origination & Fulfillment for a Financial Services Company

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Developed a cutting-edge digital platform for paperless loan origination and fulfilment, integrating borrower and loan officer portals with real-time LOS connections. Our solution accelerated loan processing, slashed closing times from 90 to 30 days, and boosted productivity by 20%. With robust monitoring and agile methodologies, we completed the end-to-end migration ahead of schedule and optimized resource usage for significant cost savings.

  • Create a digital platform to originate loans
  • Paperless loan origination
  • Online portals for the borrowers and loan officers
  • Real time integrations with the LOS
  • Implement back-office portals for processing, underwriting, closing and funding
  • Performed detailed requirements sessions by visiting each loan processing center to understand the business process
  • Established an Agile model by grooming the back logs / prioritizing the sprints for development
  • Established robust monitoring for zero downtime and auto scaling to handle seasonal increase in load
  • User enablement workshops to enable the Users
  • Created wireframes and got approval from the Stakeholders
  • Optimized resources in both non-prod and prod environments for cost savings and setup alarms for usage threshold
  • Achieved reduction in closing time from 90 days to 30 days
  • Able to deliver application releases faster and improved 20% productivity gain
  • Met release compliance for security scanning and identifying vulnerabilities through pipeline
  • Completed end to end migration sooner than planned duration (18 months)