Originating loans profitably and efficiently has always been a challenge, but never more so than it has been since 2022. Banks and Credit Unions are facing challenges that they have not seen in decades with many struggling to make money. Originating loans profitably and with an acceptable level of risk can be hindered or prevented if an institution is using a flawed or outdated origination model.
This consultation reviews all activities associated with your loan origination area. It covers, but is not limited to the following items, and provides feedback and recommendations deemed applicable:
· Budgeting
· Cost per Loan Analysis
· Staffing, Workflow, and Efficiencies
· Vendor Expense Management
· Origination Sources and Options
· Underwriting Guideline Risk Review
This review will help identify weaknesses or flaws in your loan origination program and recommend solutions to help you to operate more efficiently, profitably, and with an acceptable level of risk.
SBorgerson Consulting LLC
21 Stoney Brae Road, Quincy, Massachusetts 02170, United States
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