Case Study: Mutual of Omaha Mortgage saves over $600,000 annually with Argyle

Mutual of Omaha Mortgage saves over $600,000 annually with Argyle

Mutual of Omaha Mortgage, a direct mortgage lender, was facing significant and rising costs for its income and employment verification (VOIE) process. These costs were a major line item in their loan operations, and they needed a more cost-effective and reliable solution. They also sought to simplify the process by moving verification to the point of sale to improve both the customer experience and loan officer efficiency.

The company implemented Argyle's VOIE solution, which provides direct-source, consumer-permissioned payroll data. The integration with their nCino point-of-sale system and Encompass loan operating system automated the process upfront. As a result, Mutual of Omaha Mortgage saves over $600,000 annually, experiences faster loan processing, and has strengthened its position for rep and warranty relief from investors.

Mutual of Omaha Mortgage