LAKE BUENA VISTA, Fla. – LenderClose has been named as the 2022 CUSO of the Year – Contemporary CUSO Model by the National Association of Credit Union Service Organizations (NACUSO).
The Des Moines, Iowa-based CUSO, which provides a technology platform for home equity and real estate loan processing automation, was recognized during NACUSO’s recent Network meeting in Florida.
“We feel that LenderClose represents the future of CUSO business models,” said Jack M. Antonini, president and CEO at NACUSO. “Supported by its impressive board members and experienced leadership, the LenderClose team helps credit unions serve their members’ needs with technology that accelerates and automates the home equity lending process. We congratulate LenderClose as the first recipient of this award. They set a quality standard for other CUSOs to follow.”
LenderClose said it streamlines and simplifies the home equity lending process through workflow and automations, “which ultimately affects the borrower experience” and also increases loan volume for credit unions.
400 Institutions On Platform
The CUSO further said its platform helps nearly 400 credit unions and community banks to level the competitive playing field by using tech-driven solutions.
“This first-of-its-kind recognition from NACUSO is a tremendous honor and we are humbled to receive this praise from our peers,” said LenderClose Founder and CEO Omar Jordan. “Our team is extremely passionate about elevating people and injecting process enhancements through technology for our credit union and community bank clients. LenderClose’s objective is to continue pushing the needle toward a better overall lending experience for both the borrower and lender.”
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