Market Overview

Home Bank Selects Mortgage Cadence's Loan Fulfillment Center

Share:

Existing Mortgage Cadence customer opts for out-of-the-box functionality
of Loan Fulfillment Center

Home Bank, N.A., a subsidiary of Home Bancorp, Inc. (Nasdaq: "HBCP"),
has implemented the Loan Fulfillment Center (LFC) from Mortgage Cadence,
an Accenture (NYSE:ACN) company.

Available through the Mortgage Cadence cloud for swift accessibility,
LFC is an out-of-the-box retail loan origination platform capable of
handling mortgage requirements from application to closing and delivery.
After a quick 90-day implementation, Home Bank is now live on the
platform and also using its integrated Borrower Center, an intuitive
online origination portal.

"Given the highly competitive industry we serve, lenders must have
technology that fits their needs not just today, but for many years to
come," said Trevor Gauthier, Mortgage Cadence's president and chief
operating officer. "While some companies offer just one loan origination
system, Mortgage Cadence is well positioned to meet the diverse needs of
our customers thanks to our two different loan origination systems, Loan
Fulfillment Center and Enterprise Lending Center. LFC offers
out-of-the-box functionality that a smaller administrative team can
quickly personalize. It is the perfect fit for Home Bank."

Melissa Reynolds, mortgage lending coordinator and training director at
Home Bank, said, "Mortgage Cadence blew away the competition, in terms
of available workflows, including Borrower Center and the Virtual Loan
Folder, and the intuitive nature of the tools. Loan Fulfillment Center
enables us to close more loans without increasing our staff or overhead."

Two of LFC's key components are Borrower Center and Virtual Loan Folder.
Borrower Center is an easy-to-use origination tool that allows loan
officers to add a "click here to apply" button in their signature files
and launch their own personalized origination sites to capture business
from consumers and business partners. Virtual Loan Folder is an
electronic document classification tool that eliminates many manual
processes, including the printing, scanning and repackaging of
documents, and can be set up to meet nearly any investor's requirements.

"We chose Mortgage Cadence's Loan Fulfillment Center because the company
has made it clear that in addition to understanding and leading
technological innovation in lending, they also care deeply about their
customers," said Reynolds of Home Bank. "Mortgage Cadence's Customer
Relationship team proactively identified that, as our needs had evolved,
the Loan Fulfillment Center was now a better fit for us. It was
incredible to have them watching our workflows so closely that they were
able to guide us to a better solution, not to mention how quickly they
were able to get us up and running on the new platform. They have far
exceeded our expectations as a solutions provider."

About Mortgage Cadence

Since 1999, Mortgage Cadence, champions of the lending process, have
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 Home Bancorp

Home Bancorp, Inc. is the holding company for Home Bank, National
Association, a nationally chartered bank headquartered in Lafayette,
Louisiana. With 39 locations across South Louisiana and Western
Mississippi, Home Bank is committed to serving the needs of its
communities. Personal banking has always been Home Bank's trademark, and
that tradition continues as the company grows, invests and serves its
clients and community. For more information about Home Bank, visit www.home24bank.com.

View Comments and Join the Discussion!