VIENNA, Va. – Navy FCU yesterday said it has implemented MDA MindBox’s ARTOptimize decisionmaking solution for mortgage and home equity loans.
MDA said MindBox’s ARTOptimize personalizes each step in the loan origination, deal negotiation, deal structuring, optimization and underwriting process. ARTOptimize integrates credit data from multiple sources, analyzes that data based on company-specific policies, prices the final product, provides suggested strategies for lowering costs or creating a debt portfolio and gives employees and counselors information about the best loan products to cross sell.
“MDA MindBox’s ARTOptimize allows Navy Federal employees, as well as our members to quickly determine the best possible loan options from our website based on financial situations and objectives,” said Joan Cox, vice president, real estate lending, for the $40 billion credit union. “Our primary mission at Navy Federal is to best serve the financial needs of our members, which includes providing the right loan product for their individual need. We can now do that within minutes instead of hours.”
MDA is based in Wilmington, Del.
