Reasons to Be Thankful

Suntell has many things to be thankful for this year.  As a company, we have met many of our goals. I want to take a moment to recognize the many people who make our success possible.  I am very thankful for the hard work of our sales team that helps our company grow.  I am thankful for the development team, because we can see the impact that a better product has on sales and for our existing customer base.  I am thankful for the service and support team, because their efforts keep our customers happy and satisfied.

And very importantly, I am thankful for you – our existing customers.  It is your business, support, and loyalty that make us thrive.  We rely on you to work with us as we continue to develop and add new features to our product, to work with us as we continue to serve you, and to help grow our company through your referrals and feedback.

May you have a wonderful Thanksgiving, filled with good food, family, friends, and loved ones.  May you be thankful for the wonderful things in your life, as we are thankful for the wonderful things in ours.

Happy Thanksgiving!

Duane Lankard

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How does a loan origination system work?

An LOS is defined as a system that automates and manages the end-to-end steps in the loan process – from the application, through underwriting, approval, documentation, pricing, funding, and administration.

What is the difference between loan origination and underwriting?

A loan officer is someone who works for a bank or credit union or other financial institution and offers loans to borrowers, while an underwriter is someone who analyzes documents from potential borrowers to determine if they are eligible for a loan.

What are the benefits of loan origination software?

By now, lenders are well versed in the benefits of a digital loan origination system, such as: Providing borrowers with easy, streamlined, and digital applications. Providing bankers with automating spreading and financial analysis tools.