Foremost Now Using Delta 360’s LMS360 End-to-End Lending Solution
Posted by Bill Rudzitis
MARKHAM, ON, August 12, 2015
Delta 360 Inc. is pleased to announce that Foremost Financial has implemented Delta 360’s LMS360 lending suite as their end-to-end mortgage processing system on a SaaS basis. Foremost Financial has a combination of residential, commercial and industrial loans with
“Delta 360’s solution will enable Foremost to efficiently scale our business without sacrificing our high level of service” said Evan Cooperman. “Delta 360’s platform allows us to administer complicated construction loans. We’re impressed with Delta 360’s efficiency and how smooth the transition has been” said Max Miller.
“Delta 360 is proud to have Foremost Financial utilize our end-to-end lending suite”, says Derek Cook, President of Delta 360. “We have worked with Foremost Financial during their implementation, and have continued to expand the capabilities of our product offering. Support for Mortgage Syndication, and expanded Commercial Mortgage functionality, are some of the key new features that Foremost will be using.”
LMS360 is a complete end-to-end mortgage origination and servicing platform which is comprised of various modules which can be used independently, or as an entire product suite. Our software solution allows lenders to support all aspects of the mortgage / loan administration life-cycle from origination (underwriting / advancing) including condition management and disbursement of funds, servicing including payment collection and changes, municipal tax administration, securitization including MBS / CMB pools, portfolio management, renewals, payouts, discharges, ports, assumptions, arrears management, documentation management and reporting.
About Delta 360
Delta 360. is a Canadian-based technology provider focused on delivering superior mortgage and lending software solutions to the Canadian financial industry. Founded in 2005, the majority ownership of Delta 360 is now with FCT – Canada’s leading provider of title insurance and mortgage-processing solutions.
For more information about Delta 360 Inc., visit www.delta360.com.
Foremost is a trusted choice for first mortgage lending, providing loans of up to 10 million for construction projects in the GTA and surrounding areas. Established in 1987, Foremost focusses on infill residential, industrial and commercial lending, as well as providing term loans for commercial or industrial income producing properties.
For more information about Foremost Financial, visit www.foremost-financial.com