Westterra Credit Union Goes Online on Blue Sage’s Digital Lending Platform

Scalable End-to-End Cloud Solution Prepares Credit Union for Future Growth

Posted: October 17, 2021 at 7:00 a.m. CDT|Update: 4 hours ago

DENVER, October 17, 2021 / PRNewswire / – Westerra Credit Union, a DenverFinancial services community that offers mortgages and other financial products to its members, has announced its posting on the digital lending platform Blue Sage Solutions. Built with modern technology, the cloud-based digital lending platform provides mortgage originators with end-to-end functionality for the entire lending and loan execution process, regardless of the channel.

Westterra’s goal for upgrading its lending technology was to find a strategic partner to help it meet the needs of its members for years to come.

“We needed a technological platform to integrate into all of our applications, but our membership continues to grow, so we also needed a solution that could evolve as we grow”, Westerra’s vice president of mortgages said. Michelle burke. “The Blue Sage team has partnered with us to deliver a new system based on the latest technology.”

“Our digital lending platform adapts to the needs of all lenders, banks, credit unions and independent mortgage companies,” said the founder and president of Blue Sage. Carmine Cacciavillani. “I think our customers see that Blue Sage provides the right technology for today’s market, and our open architecture easily adapts and upgrades to serve customers in the future.

Westerra also uses the Blue Sage platform to open new accounts for members through access to Westerra’s core banking system. “What previously took 45 minutes can now be accomplished in less than 5 minutes because we have a seamless experience between members and our back office systems across our consumer products,” said Burke.

Westterra can also define dynamic workflows for its users based on borrower information and product availability. “The purchase of rates in Blue Sage’s point of sale system is huge for our members and prospects to offer competitive rates,” added Burke. “With Blue Sage as a partner, our vision is that when members apply for a mortgage, the system automatically opens a sharing account when switching to financing. “

“Our team at Blue Sage have appreciated their partnership with Westerra,” said Cacciavillani. “Our digital lending platform is a next-generation solution built on more than thirty years of experience in designing advanced systems for lenders. We are excited to see Westterra grow and serve its members in new ways using our platform.

About Blue Sage Solutions
Blue Sage is an innovative cloud-based digital lending platform for retail, wholesale and correspondent lenders that delivers a superior lending experience to every borrower. The company’s technology is 100% browser-based and provides end-to-end functionality for the entire loan and fulfillment process, regardless of the channel. Blue Sage also includes a LO Mobile Office app, and all products are delivered through a secure, fully managed, dedicated cloud model. The company’s technology has been developed over the past four years by the founders of Palisades Technology Partners, developers of Impact, the first end-to-end web lending platform used by five of the top 10 US originators. Blue Sage Solutions is headquartered at Englewood Cliffs, New Jersey. For more information, visit www.bluesageusa.com.

About the Westerra Credit Union
Westterra Credit Union is a locally owned financial cooperative by people who have accounts with the credit union. Eight Denver teachers created the credit union in the midst of the Great Depression. They pooled their funds and lent each other to strengthen families and the community during this crisis. Today, they continue this mission to help families and communities get through the financial hardships of the COVID-19 crisis. Denverbased at Westterra Credit Union owns more $ 1.9 billion in assets and serves 125,000 members through the Denver subway station. For more information, visit www.westerracu.com.

CONTACTS:
Mike Murray
Strategic Marketing and Public Relations
(240) 498-0863
[email protected]

Westerra Credit Union Media Contact:
Jordan callahan
Fitzgerald Petersen Comm.
303.406.8839 | [email protected]

Show original content:

SOURCE Blue Sage Solutions

The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.

Source link

About Daisy Rawson

Check Also

Jones Lang LaSalle Incorporated: $ 113.5 million financing organized for the Newark office portfolio

MAJ Capital is a nationally recognized development company focused on creating fair and equitable neighborhoods. …

Leave a Reply

Your email address will not be published. Required fields are marked *