OREM, Utah — Family First Federal Credit Union has begun using the Internet-based lending application solution from Mortgagebot LLC.
The solution allows the $173 million credit union (ww.family1stcu.com) to take applications online, by phone, from a loan officer's laptop or at a branch and complete it — including pre-approval and disclosure documents — in about 20 minutes, the company and credit union said
The Mortgagebot software also helps members decide between various loan options.
Mequon, Wis.-based Mortgagebot (www.mortgagebot.com) provides Internet lending services to more than 750 financial institutions and that originate more than $4 billion in mortgage applications each month, the company said.
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