WSFS Bank selected both the online POS and LOS solutions for origination, processing and closing from GHR Systems, a Metavante company. The bank will use the POS solutions for its retail and wholesale mortgage originations, and loan applications will be processed through the LOS platform.
Metavante claims GHR’s LOS provides significant increases in efficiency for lenders by combining a single, central database with comprehensive loan processing capabilities, including business process management automation, service ordering and the ease of moving data and documents from the point-of-sale to closing.
Cy Brinn, president of GHR Systems, said, Being able to provide a comprehensive LOS that is integrated with Metavante’s Integrated Banking system will provide WSFS, as well as its consumer and broker customers with considerable operational efficiencies. We look forward to being a vital part of the company’s continued growth.
