PHOENIX -- eDominate Inc. is now offering credit unions a paperless loan-origination solution it calls LOS Green.
The system is an end-to-end LOS that provides origination, processing, underwriting, closing, boarding and reporting functions electronically, the company says. Electronic signatures and the services of the company's secure messaging center also help cut down on paper use.
"Community-focused credit unions are shifting away from manual processes and wasteful paper trails, and moving towards electronic solutions that greatly reduce cycle times, resource conservation, and process efficiencies," says Mike Einsel, vice president of global channel development at eDominate, a Phoenix-based provider of buying-cycle management software for credit unions.
