Pennsylvania State Employees CU Implements S1's Mortgage Loan System
HARRISBURG, Penn. – Pennsylvania State Employees CU went live on S1’s new mortgage software.
The company said the new software allows the $3 billion credit union to consolidate multiple, disparate systems into one complete origination and workflow solution.
The S1 platform provides members applying for a mortgage with PSECU’s new features, including real-time application status and downloadable online documents. This makes mortgage application and origination process faster, more interactive and easier to use.
Built by S1 in collaboration with PSECU’s Credit Services department, it ensures that all loan origination requirements are delivered through a single process. These requirements include online member-based loan applications, internal underwriting and post-decision processing, as well as integration with required internal and external data sources.
Additional features include conditional review prior to automated Fannie Mae submittal and electronic document preparation.