Benefits
Improved Risk Control
3rd party, independent underwriting objective reviews and reduces internal friction.
Eliminate Backlogs
Provides overflow valve during peak volume periods and provides credit servicing support.
Cost Effective
Eliminates employee benefit expenses, occupancy costs, equipment and training expenses.
Optimize Capacity Utilization
Allows organizations to improve operating leverage and design a more efficient credit process.
Reduce Variability
Experienced team delivers consistent, predictable, high quality product.
Faster Turn Times
Predictable turn times, allowing bankers to set better expectations with clients.
Onboarding Process
Loan Policy & Credit Risk Appetite
During the onboarding process, we learn your bank’s loan policy hot buttons, underwriting approach, and overall credit risk appetite.
Customization
As part of our discovery process, our team customizes the underwriting approach as needed to ensure consistency with your current Credit Memo, cash flow calculations, and assumptions.
SLA’s & Quality Assurance
Service level agreements are communicated, and a prioritization matrix is established. Each bank is assigned a Senior Underwriting Manager primary point of contact to ensure open lines of communication and high quality assurance.
Underwriting Team
Russell Morris
Russell Morris is a seasoned banker with over 20 years of commercial credit risk management experience. He has served in both Relationship Management and Credit Risk Management and has expertise underwriting C&I and CRE transactions.
Underwriting Team
The Lenders Cooperative credit underwriting team is composed of of highly experienced and knowledgeable professionals with decades of experience in C&I, CRE, and SBA lending.
Ready to take the next step?
Learn more about our Credit Underwriting and connect with one of our expert lending professionals today!