Statewide Funding Chooses Path Software as its Loan Origination Software
DALLAS, September 22, 2021 – Path Software, a leading provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders and brokerages nationwide, announced today that Statewide Funding (Statewide) has chosen Path Software as its loan origination software (LOS).
Statewide is a residential mortgage lender based in Ontario, California with additional branches in Texas and Florida. Statewide closes, on average, $40M loans per month and has a product mix of FHA, VA, USDA, conventional, jumbo and non-QM loans.
Path is an innovative, cloud-based solution designed to simplify the loan process while still providing lenders the controls and flexibility they need to run their business. Path is completely configurable to the lenders’ specific needs, including workflows, roles, organizational structure and compliance controls. This data-driven platform is device-independent and can be conveniently accessed from any web-connected device. Path also includes a compliance management platform, Path Agile Compliance™ that provides proactive, automated compliance alerts, audit trails and parallel compliance workflow.
“Path’s ability to provide a custom fit solution to fit our specific workflows and processes has been able to significantly increase our team’s productivity and efficiency. By having technology that is able to speed up the loan process, Path is a crucial component in our customers’ satisfaction and ultimately our continued success,” said Jason Smith, Vice President of Statewide Funding. “As a long-time customer, we’re really looking forward to continuing our relationship with Path Software.”
“Path is designed for growing lenders like Statewide Funding that are looking for high-performance, flexible, efficient, cloud-based technology that works with and grows with their business,” said Michele Parson, Senior Marketing Manager at Path Software. “Path is dedicated to providing reliable technology to support our customers as they continue to grow and evolve. We’re looking forward to our continued partnership with Statewide.”
About Path Software
Path Software is the industry’s most modern and flexible mortgage loan origination system, delivering a fully digital, secure and compliant workflow that is highly configurable and simultaneously accommodates retail, wholesale, correspondent and TPO channels. Path is cloud-based, scalable and device-independent, allowing loans to move seamlessly across departments with real-time updates and analytics to improve employee productivity. Its built-in point-of-sale component allows loan officers to capture borrower information that is directly integrated into the Path platform and conveniently accessible via their personalized URL and branded landing page.