Simplify your loan origination.

Loan automation uses technology to streamline lending by reducing manual work and improving efficiency. It integrates with core banking systems to pull borrower data, automate loan documentation, track compliance, and handle tasks like ordering credit reports and appraisals. From consumer loans to complex commercial credits, it helps banks process loans faster, reduce errors, and stay compliant.

No, loan automation benefits financial institutions of any size, including community banks. Modern loan automation systems are designed to address challenges that can affect any financial institution, like manual data entry errors, compliance burdens, and disconnected systems. By replacing these disjointed technologies with a unified automation solution, community banks can process a wider range of loan types more accurately and efficiently, making them more competitive with larger institutions.

Yes, typically. Modern loan automation systems, like Hawthorn River, are usually designed to seamlessly integrate with existing core banking software, allowing information to flow between systems and eliminate inefficiencies like rekeying data. For example, through Hawthorn River’s integration with a variety of core systems, you can efficiently create loan applications for existing borrowers by automatically pulling data from your system, complete with support for complex borrower structures and cross-collateralization.