Case Study: PRMG saves time and millions on loan processing with UiPath

Using UiPath, Flobotics Shows PRMG How to Save on Loan Processing with RPA

Paramount Residential Mortgage Group (PRMG), a California-based mortgage lender, was struggling to keep up with a surge in loan requests. Its loan processing was slow, highly manual, and error-prone, with workflows taking weeks or months and creating inconsistent data and delays.

UiPath, working with partner Flobotics, implemented robotic process automation to streamline disclosure, closing, notification, payment entry, and data transfer tasks across systems. The solution delivered near real-time access to loan information, saved about 40 hours of labor each day, improved underwriter efficiency by 50%, and generated $2 million in savings, with a reported 6:1 return on investment.

PRMG

Brent Williams

Enterprise Architect