Case Study: a mortgage lending company achieves faster loan processing with CitizenDeveloper

Mortgage lending company cuts loan platform TCO 6X with CitizenDeveloper

A mortgage lending company specializing in refinance and fix & flip markets needed to process loans faster and leverage automation while providing the best customer experience. Facing budget limitations and a lack of internal IT support, the company turned to the CitizenDeveloper no-code platform to build a loan management solution.

CitizenDeveloper delivered a cost-effective and compliant solution in less than half the time of traditional development. The project cost $150k to reach MVP, a fraction of the estimated $5 million for traditional methods, and achieved a 6X reduction in total cost of ownership. This approach also alleviated the need for an internal IT department, resulting in considerable savings.