Digital transformation solutions provider nCino said that American lender Camden National Bank has implemented its mortgage origination and closing solutions.
The solutions are part of nCino’s mortgage suite.
Camden National Bank, which operates across the US with a focus on branches in Maine and Massachusetts, has undertaken a modernisation initiative. The bank has replaced its legacy mortgage point-of-sale (POS) technology with digital solutions from the nCino suite.
The strategic move is part of a broader effort to enhance flexibility and convenience for both loan originators and customers.
Camden National Bank senior vice president and mortgage banking and consumer lending director James Dell’Anno said: “Loan originators are now equipped with better, easier, and faster access to their loans, allowing them to better connect with customers — all from their phones. Similarly, customers can connect with us from any mobile device and can even start an application on one device and jump to another to finish it.”
nCino said that the adoption of its mortgage suite has streamlined the process for Camden National Bank to accept digitally signed loan documents, eliminating the need for traditional wet-signed paperwork.
The enhancement enables the bank to provide solutions supporting remote online notarisation (RON) closings, aligning with recently enacted legislation in Maine and Massachusetts, said the cloud-based banking solutions provider.
nCino US mortgage executive vice president Ben Miller said: “We are pleased to partner with Camden National Bank to improve accessibility and convenience for its loan originators and customers.
“These solutions not only modernise and automate the Bank’s mortgage processes, they also help position Camden National Bank to be a regional leader in fully online closings.”
Last month, nCino expanded its collaboration with Salesforce to expedite the provision of top-tier cloud solutions to the financial services industry.