24 years

We are celebrating 24 years!

As we approach our quarter century company formation milestone, I want to celebrate our 24th anniversary this month by acknowledging the two things that made this anniversary possible. First is the dedication and loyalty of each of our employees, some which have been with the company since we were founded. Second, we would have never made it out of the starting gate were it not for our customers that took a chance on a fledgling small startup software company back in those early days. As a founder of Suntell, I feel truly blessed to have been able to see our company grow over the years and help so many financial institutions with our commercial lending and workflow solutions. It has been a personal dream come true for me.

Duane Lankard
CEO and Founder

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FAQs

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.