Jersey Mortgage has switched to Loan Vision for its accounting software, both companies announced.
“We were looking for a partner that was an expert only in the mortgage banking space,” Jersey Mortgage Senior Vice President and Chief Financial Officer Pete Kenny said in a release. “We wanted to go with a system super-powered for mortgage banking for better reporting, better metrics and automation.”
Kenny said that the lender’s previous accounting system made it difficult to run several types of reports that the company needed, and that the company wanted a solution with the built-in functionality to generate those reports at the touch of a button.
“With Loan Vision, we’re going to have more ability to analyze data rather than just type in data. It’ll allow us to be proactive rather than reactive,” Kenny said.
“Once lenders see that days spent manually keying their data can be automated and trimmed to just a few hours, they recognize the immediate benefit of using our solution,” Loan Vision Business Development Manager Carl Wooloff said. “We’re pleased to welcome the entire Jersey Mortgage team to the Loan Vision family.”