6 Ways to Reduce Cost of Loan Production by 50%
As a retail lender, how can you reduce the processing costs and time involved? How can you save over 45% costs plus several more ideas discussed in the eBook
Today’s business environment of higher interest rates, declining loan applications, and higher cost of compliance is a challenge to all lenders. As a retail lender, you spend significant time and costs on loan processing. How can you reduce cost of processing by over 45%? How can you reduce your overall cost of loan production as well by 50%?
We thought of 6 ideas that the lender can think of implementing, which will give them quick ROI. Also, with no upfront investments involved, the lender virtually has no risk associated with these initiatives.
In case you would like to test our OCR tool, go ahead and submit your files now
Copyright © 2018 Visionet Systems