Case Study: American Pacific Mortgage cuts loan cycles and saves $1.58M with Argyle

American Pacific Mortgage cuts loan cycles by 12.5 days and saves $1.58M a year with Argyle

The customer, American Pacific Mortgage (APM), a large nationwide retail mortgage lender, faced a significant challenge with costly and inefficient consumer verifications. Legacy vendors were raising prices, which hurt branch profitability, and the manual process of collecting documents was frustrating borrowers and slowing down loan cycles. They turned to the vendor Argyle for a modern, consumer-permissioned verification solution.

Argyle's platform was integrated directly into APM's loan origination and point-of-sale systems, allowing borrowers to securely share real-time payroll data at the start of their application. This solution implemented by Argyle dramatically cut the time and cost of verifications. The results were exceptional: APM reduced its loan cycle time by 12.5 days and achieved annual savings of over $1.58 million, all while significantly improving the customer experience.

American Pacific Mortgage