Chevron Federal Credit Union (Chevron FCU), based in Concord, Calif., has successfully implemented Blue Sage Solutions’ cloud-based digital lending platform. This enabled Chevron FCU and Spectrum Credit Union to streamline the home financing experience for its members while enhancing efficiency through its entire loan origination process, according to a press release.
In addition to leveraging all components of the Blue Sage loan origination system (LOS) platform, the credit union implemented Blue Sage’s LION Consumer point of sale (POS), ensuring members can check rates, apply, and get approved for mortgages from any device.
A $4.8 billion credit union with more than 135,000 members nationwide, Chevron FCU selected the Blue Sage platform for its modern API-first technology, user-friendly interface and integrations with some of the industry’s leading service providers.
“It is very important to us to provide our members with an exceptional experience, especially when obtaining home financing,” Mike Long, senior vice president and chief lending officer for Chevron FCU, said in the release. “After extensive research, it was clear that Blue Sage’s innovative, cloud-based digital technology was the superior choice. We’re confident that Blue Sage offers everything we need in a mortgage technology partner to originate loans more efficiently, and still provide the best member experience.”
The Blue Sage Digital Lending Platform is a 100 percent browser-based platform that delivers advanced automation, task-based workflows, and an intuitive user interface. The API-based technology enables credit unions, regional banks and independent mortgage bankers to scale their mortgage operations effortlessly, regardless of channel.
“In today’s complex housing environment, many credit unions are striving to reduce friction in the mortgage process while giving members a seamless lending experience,” Blue Sage Solutions founder and President Carmine Cacciavillani said. “We’re thrilled to provide Chevron FCU with our comprehensive, cloud-based technology, built in-house by an experienced team, which delivers on both fronts. We look forward to a long and productive partnership.”