HousingWireHousingWire
Cardinal Financial Wholesale has introduced Cardinal Complete, a new loan processing solution aimed at streamlining operations for mortgage brokers.
The platform offers an end-to-end processing service designed to reduce administrative burdens and improve efficiency from application to closing.
The service, powered by Cardinal Financial’s proprietary loan origination system, Octane, provides brokers with a dedicated team to handle file management, compliance oversight and quality control.
Company leaders said the goal is to simplify loan processing, particularly for brokers who face capacity constraints or rely on fragmented third-party services.
“Loan processing can drain time and resources, often requiring brokers to spend hours managing tedious administrative tasks,” Karl Benjamin, executive vice president of wholesale at Cardinal Financial, said in a statement.
“Our broker partners have consistently asked for an all-inclusive processing solution, and we listened. Cardinal Complete removes those roadblocks, giving brokers an efficient, scalable solution so they can focus on growing their pipelines.”
Additional key features of Cardinal Complete include fixed pricing at $895 per loan, automation of administrative tasks and real-time loan updates.
In February, Cardinal Financial released a non-QM product suite to help mortgage brokers reach nontraditional borrowers.
