He explained that Bridge Loan’s reputation as a leading software management firm was mostly due to the practical aspects of the product rather than for having a high-tech edge over rival software.
He said: “I think what really sets us apart is the user-friendly aspect of our software. Other software might take a little longer to adapt to or might not even be a fit for certain companies, but I like to say that anybody that’s been in the mortgage industry can learn to use ours effectively.”
Therrien stressed that Bridge Loan’s software was primarily an organizational tool for brokers, which also saved time. He said: “If brokers have a lender that they’re going to work with, they can store documents, order credit and background (checks) on their clients – all on one platform.
“Brokers are going to tell you that there’s a lot that goes into a deal, whether it be paperwork or different contact information, so what we’re giving them is a centralized and safe location to house all that information; you have it all at your fingertips. You don’t need to go searching through email chains or anything like that, it’s all right there on that same loan.”