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Piedmont Advantage Credit Union selects LenderLive Network™ as mortgage services partner
DENVER, CO (January 14, 2014) — Winston-Salem, N.C.–based Piedmont Advantage Credit Union recently selected LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, for its fulfillment services, correspondent lending and subservicing. The credit union’s management wanted a partner who offered flexibility and would assist in the expansion of its current mortgage program and product offerings.
“The LenderLive team is extremely dedicated to ensuring that each step of our mortgage origination process goes smoothly and that all of our questions are answered in a timely fashion,” said Vicky Slate, senior mortgage manager for Piedmont Advantage Credit Union. “As we prepare for future growth, partnering with LenderLive and leveraging their deep mortgage industry knowledge is essential to our success.”
Piedmont Advantage, with more than 40,000 members and 10 locations throughout North Carolina, wanted to diversify its product lines while being able to meet members lending needs. Slate, who had previously worked with LenderLive at another financial institution, was aware of the company’s capabilities and knew they would be the ideal partner for the credit union. She added, “LenderLive provides everything we need to run a successful mortgage lending and servicing operation. Additionally, its compliance expertise enables us to focus on serving our members, not worrying about new regulations.”
“Piedmont Advantage required a partnership that would not only work with the credit union, but also provide the level of service its members expect,” said Kim Starley, president of LenderLive’s Outsource Services division. “LenderLive is a nimble partner who can offer compliant, customized services from any of our five lines of business with highly integrated systems that improve turn times and reduce redundant costs. We look forward to a successful partnership with Piedmont Advantage and growing with them as they expand their mortgage services.”
About LenderLive Network Inc.
LenderLive is a domestic-based mortgage services provider. Through its five service offerings – outsource services, correspondent lending, document services, settlement services and loan servicing – LenderLive offers the scale, experience and security to support its clients’ origination, servicing and loan purchase operations. From large-scale, centralized operations centers, the company provides services to financial institutions of all sizes on a national basis. With tens of millions of transactions processed through its expansive service offering, LenderLive offers the vision, expertise and innovation on which financial institutions can rely. For more information about the company and its services, contact Rick Seehausen at 303.226.8001 or visit www.lenderlive.com.
About Piedmont Advantage Credit Union
Piedmont Advantage Credit Union is a member-owned, cooperative financial institution headquartered in Winston-Salem, NC with over $241MM in assets. The Credit Union serves over 40,000 members across the country and around the world through its online product offerings and extensive network of shared branching and CO-OP ATMs. Piedmont Advantage Credit Union currently operates in 10 North Carolina branch locations, with 5,000(+) Credit Union Service Center branches, and 30,000(+) surcharge-free CO-OP ATMs locations nationwide. For more information, visit: www.pacu.com