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Mortgage Investors Group cuts month-end closing time by 20% with Loan Vision
Guild Mortgage Company, a leading nationwide mortgage lender with over 300
branches across 47 states, was beginning to experience trying times with its legacy,
industry
-
specific accounting solution. Day
-
to
-
day accounting tasks were becoming
burdensome, and an elongated month end close process revolving around manually
creating reports and reviewing branch P&Ls was becoming unmanageable. In addition,
Guild
s finance department recognized the need for more automation and efficiency to
support its future growth plans.

Mortgage Investors Group, a growing lender in the Southeast, was experiencing an elongated month-end closing process and heavy manual workloads on their legacy solution for 10 years. At the end of their rope, Eric Nielsen, Accounting and Finance Director at MIG, and his team made the move to Loan Vision and are now completing the month-end closing in 20% less time and are able to direct their attention to building for the future. 

 

 

 

Read the Mortgage Investors Group Story

For any rapidly growing lender, using an accounting software equipped to keep up with the pace of industry trends and new technology is essential for continuous growth and survival in the market.
Village Mortgage, a well-established lender providing residential mortgages across all of the New England states, Florida, Nevada and Colorado began to experience the struggles of outgrowing its accounting software, after they experienced rapid growth from 2012 through 2015.
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Testimonials
With Loan Vision, growth has been facilitated through allowing the business to run reports and extract key data quickly and efficiently"
Oystein Konsmo, Chief Financial Officer, NOVA® Homes Loans
Moving to the latest version of Loan Vision will allow us to automate more and get more information to the decision makers in the branches without them having to reach out to the head office
Oystein Konsmo, Chief Financial Officer, NOVA® Homes Loans