Start a verificationTalk to sales
NJ Lenders

Maximizing efficiency during challenging market conditions


circle-decoration
ninety-angle-decoration
ninety-angle-decoration
Background

With a dedication to improving the borrower experience, NJ Lenders Corp. has grown to service more than 17 states and close over 100,000 mortgage loans. To continue making improvements during a challenging market environment, they needed to maximize automation and efficiency in order to reduce costs and increase pipeline capacity across their mortgage business.

+5-10%

increased capacity

3-4days

saved per month

3rd

biggest year

circle-decoration
circle-decoration
Pain points

Identifying productivity killers

NJ Lenders had trouble with billing and manual workflows. The COO, Jason, looked for an improvement in billing reconciliation and found that his team spent 3-4 days every month on reconciliation. He focused on identifying productivity killers and reducing spending. Jason aimed to maximize efficiency to accelerate revenue growth despite market challenges.

Truework-Icon-abstractKicker01

Struggled to track their spending across multiple providers.

Truework-Icon-abstractKicker01

Bogged down by numerous time-consuming tasks.

Truework-Icon-abstractKicker01

Applicants had to provide multiple documents and wait for days to know if it was sufficient.

See the full story
Company Logo
“We love the fact that Truework allows us to set a new bar for our customers. Everyone dreads a painful financial autopsy when applying for a mortgage, but when you take paystub and W2 gathering out of the equation, it gives all parties a much better feeling. With Truework, we know the data being shared is comprehensive and accurate.”
Headshot of Jason Cohen
Jason CohenChief Operating Officer
circle-decoration
circle-decoration
Using Truework

A game changer for mortgage processing & borrower experience

Jason experienced significant success by using Truework for several months, which helped him maintain business momentum despite the market headwinds. The processors no longer had to waste time chasing down employers, and automation is now saving borrowers from some of the most time-consuming aspects of a mortgage application. The benefits of using Truework enabled Jason to unlock new opportunities in a high-rate market.

Truework-Icon-trueworkCheck

90% of all income verification providers into a single vendor.

Truework-Icon-trueworkCheck

Saw momentum despite the market headwinds.

Truework-Icon-trueworkCheck

Flexibility to increase loan processor capacity by at least 5-10%.

See the full story
Talk with us

Ready to get ahead of the market?

Schedule a call to learn about Truework’s income verification solutions.


We’ll tailor the meeting to your needs to keep it short and effective.

Please use a valid Business Email

# of Verifications per Month *
Which industry best describes what you do?
circle-decoration
ninety-angle-decoration

Want to learn more?

Explore the latest content about Truework.

How Credit Unions Can Automate Loan Processing With Unified Income Verification
Industry
Bradford RoseSeptember 7, 2023
How Credit Unions Can Automate Loan Processing With Unified Income Verification

Learn how user-permissioned data can be used to streamline automated income and employment verifications, saving your team time and resources while improving the customer experience.

Read Blog
How to streamline and improve your automated income verifications with user-permissioned payroll data
Industry
August 15, 2023
How to streamline and improve your automated income verifications with user-permissioned payroll data

Learn how user-permissioned data can be used to streamline automated income and employment verifications, saving your team time and resources while improving the customer experience.

Read Blog
What Lenders Can Do Now to Prepare for an Increase in Mortgage Applications
Industry
October 17, 2023
What Lenders Can Do Now to Prepare for an Increase in Mortgage Applications

Find out how lenders can leverage automation, user-permissioned data sharing, and other solutions to prepare for an increase in mortgage applications.

Read Blog