Travis Credit Union has renewed its contract with Mortgage Cadence, an Accenture (NYSE: ACN) company, through 2021. The credit union uses Mortgage Cadence’s Loan Fulfillment Center to manage all parts of the loan-origination process.
Travis Credit Union started using Mortgage Cadence’s lending solutions in 2004. Today, the credit union uses the full Mortgage Cadence product suite, including Borrower Center and documents and imaging functionality, to provide its members with a streamlined digital experience.
“We renewed our commitment to Mortgage Cadence as a result of the transparent support and comprehensive platform they provide,” said Tanya Robinson, associate vice president of real estate lending at Travis Credit Union. “Their ability to continually deliver best-in-class service made the decision to continue our relationship with them an easy one.”
The Mortgage Cadence product suite has provided Travis Credit Union with technology that complements its people and process, as the institution continues to be a high performer in the industry. The credit union closes loans in 32.5 days, on average, making it the top Velocity performer in the Mortgage Cadence Benchmarking Study. Travis Credit Union’s Pull-Through measure is also one of the highest in the study, with the credit union closing, on average, 80% of loan applications taken, driving strong profit margins.
“Travis Credit Union’s commitment and dedication to providing borrowers the best experience in the industry is exactly why we created our loan origination solution — to support our clients’ goals,” said Bryan Ireton, managing director of Mortgage Cadence, Accenture. “Travis Credit Union has seen amazing growth over the past 15 years, and we are pleased to extend our relationship and support their continued success.”
About Mortgage Cadence
Since 1999, Mortgage Cadence has been providing the best people, process, and technology for enterprise and mid-market lenders who desire to deliver an exceptional borrower experience. From point-of-sale through post-closing, Mortgage Cadence offers reliable software and dedicated people, supporting lenders every step of the way.
About Travis Credit Union
Headquartered in Vacaville, California, Travis Credit Union is a not-for-profit cooperative financial institution serving those who live or work in Alameda, Colusa, Contra Costa, Merced Napa, Placer, Sacramento, San Joaquin, Solano, Sonoma, Stanislaus, and Yolo Counties. Currently, it is the 14th largest credit union in California with more than 203,000 members and more than $3 billion in assets. As one of the leading financial institutions in Solano, Contra Costa, Napa, Yolo, and Merced Counties, Travis Credit Union’s strength lies in its faithful commitment to its members and the community, its solid, secure history, and its long-standing track record of dedicated service. For more information call Travis Credit Union 1-800-877-8328.