In this white paper, experts from nCino and PwC explore five common mistakes that firms make when attempting a digital transformation project, and offer best practices drawn from their experience in deploying hundreds of new platforms on behalf of clients across multiple geographic regions.With regulatory headwinds picking up, interest rates still rising and borrower expectations changing, the macroeconomic outlook for UK homebuyers and mortgage lenders alike is daunting.
This is why many UK mortgage lenders are intent on disrupting the market by serving their clients throughout the entire homeownership journey, from applying for a loan to refinancing their home.
To achieve this goal of capturing more of the home buying journey and growing direct lending market share, mortgage lenders will need to provide borrowers with seamless and efficient mortgage experiences. During a time when it is more important than ever to identify and act on operational efficiencies and areas for cost savings, lenders can no longer afford to ignore their legacy technologies and antiquated processes.
A Modern Mortgage Lending Experience
nCino's Mortgage Solution is a true cloud-based, omni-channel solution uniting customers and third parties on a single platform. We help you exceed expectations at every stage of the home-buying process.
A Platform that Delivers Efficiency and Faster Processing
nCino is a complete and integrated solution that spans the entire origination lifecycle, from agreement and decision-in-principle through underwriting, offers, and closing. We help you eliminate manual processes for faster response times and a superior customer experience.
- Benefit from a consolidated tech stack
- Lower the cost of origination
- Achieve a faster time to completion
- Improve scalability to adapt and pivot at speed
- Launch new products quickly
Provide a streamlined and personalised digital offering for a more customer-centric mortgage experience with a platform you can configure to your exact needs.
Changes can be made rapidly, with no coding or vendor involvement required, so new products can be built and brought to market in weeks rather than months.
Quickly make changes and develop on-platform to better react to market changes, customer demands, and new regulations.
reduction in time from application to completion
"We invested in nCino because it automates tasks, allowing colleagues more time to deliver differentiated and personalised service."
Head of Commercial Lending at Yorkshire Building Society
Streamline workflows and automate manual processes to bring your mortgage business into the modern age and transition off legacy technology.
10 Questions to Ask When Choosing a Mortgage Platform
Once you decide to modernize your mortgage platform, the critical question is which platform or approach do you choose?
In this guide, we arm you with the 10 strategic questions to ensure you invest in a platform and partnership that aligns with your needs today, and into the future.
Exceed customer expectations with faster decision-making, a personalised experience, and a more transparent process.
Featuring Our Mortgage Solution