benchmark lending

Benchmark Lending Group Featured in Wall Street JournalSANTA ROSA, Calif. (July 20, 2005) - Benchmark Lending Group, Inc. is pleased to announce the publication of acœEasy Money, A Salesmanac Pitch,ac Wall Street Journal, July 20, 2005. This front-page article about Benchmark Lending Group highlights the companyacs

philosophy; customer service; and friendly, knowledgeable staff. The article also explains some of the benefits of non-traditional loan programs, such as Benchmark Freedom Loan. Ben Ray, one of Benchmarks top loan officers, is featured in the article which outlines the high-level of customer service that he and all employees at Benchmark provide. When he books loans, he arranges for appraisers

About Us Experience you can count onFor over a decade, Benchmark Lending has been helping home buyers and owners realize theirdreams.

As a primary lending institution, Benchmark is uniquely positioned to assist both refinancing and new mortgage customers.

We take the time to understand you and your financial goals. We tailor loans that take into account your cash flow, payment timeframe, equity plans and investment opportunities. You will get a loan that won't break your budget and provides you the flexibility and resources to get the most out of your property investments.Our loan process is in one word easy, easy to understand, easy to complete and most of all easy to manage, because we handle all the hard work. Your personal Loan Officer will manage the application process, work with you through any and all credit issues and help ensure that every I is dotted and every T is crossed. They will carefully explain every detail of your mortgage so there are no surprises on your monthly bill. Our sole aim is to make the experience of financing a new or existing home absolutely painless. We will guarantee that you have a loan tailored to your specific financial needs.

Process benchmarking: an application to lending products :

Benchmarking techniques evolved from Xerox’s pioneering visit to Japan in the late 1970s. However, the application of the benchmarking concept to the banking industry did not take place until the late 1990s. Process benchmarking, in particular, is a tool that helps FIs to cut costs, improve productivity and integrate business processes. Although process benchmarking involves divulging what may be considered as sensitive or confidential information, forming de facto benchmarking partnerships with competitors allows participating institutions to compare cost and output advantages and disadvantages, when performing key processes involved in lending operations. This paper presents an application of process benchmarking to lending operations across Australia to highlight differences in costs involved in seemingly identical value chains.