Case Study for Mortgage Teams and Mortgage Branch Offices
How Equitable Mortgage Group
- Scaled Operations and Completed 280% More Deals In Just 30 Days
- Enabled The Team to Work From Home More Efficiently
- And Did It With $0 Added Headcount
In this Case Study, you will learn…
- How to quickly enable teams to collaborate more efficiently working in the office, remotely, or from home.
- How scale operations without having to hire more Loan Officers, Assistants, or Processors.
- How to cut out “communication gap time” to further generate faster process cycle times to close more deals.
- How to eliminate the time it takes to hunt down information or figure out what information is missing.
- How to significantly reduce “status meeting” times and make sure everyone knows what needs attention all the time.
- How to automate processes and workflows in minutes and optionally, integrate those with the your other processes and systems.
We increased our revenues by 280% without having to hire more Loan Officers, Assistants or Processors.
Charlie Christensen, Senior Loan Officer
Equity Mortgage Group, a division of American Pacific Mortgage
- 280% more deals originated and processed
- 85% time freed up to generate more revenues
- $0 additional headcount
Problem
- High cost, time and effort required to recruit and hire new LOs and Processors
- Distributed team needed better, more coordinated ways to collaborate from multiple locations
- Team too dependent on email, scattered docs, and status meetings
- Missing information or overlooked steps consumed time and held back growth
- Demand for new loans and refis was more than our team could handle
Results
- 280% more loans processed and deals closed in the first 30 days.
- Transition to TeamworkIQ took just 3 days with great service from their team.
- Shorter, faster lead to loan timeline.
- No more time consuming errors and rework.
- Increased lead to loan conversion rate.
- Higher customer satisfaction and referral rate.
- Instant compliance, record keeping.
Streamline your Lead to Loan Process
- Eliminate wasted time and costly mistakes
- Always know the status of every deal
- Free up your time, get more done, and simplify your workday
