Success Stories

Electronic applications, automated decisions, credit underwriting, instant approvals and B2B links are now a reality in funding systems.

RAMS Home Loans - a WorldOriginateTM powered business

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RAMS Home Loans is an innovative and dynamic Australian company that has transformed the way Australian consumers borrow to buy a home or investment property. By offering unique products and excellent service, RAMS has rapidly grown to become one of Australia’s largest, non-bank home loan lenders. RAMS now has more than 70,000 customers. Key to the success of RAMS Home Loans is a philosophy of innovation and leadership.

To take advantage of growing demand for it’s products, RAMS turned to Stargate. The result was an integrated automated underwriting and electronic application delivery solution. Increased productivity, reduced costs and faster response to the demands of origination networks is now a reality.

The Problem: RAMS wanted to take advantage of new markets and streamline existing business processes. The underwriting of loans was a largely paper-driven, manual process.

The Solution: Stargate implemented a WorldOriginateTM automated underwriting system combining electronic application capabilities, credit assessment and real time broker status updates. RAMS is now on the path towards realising the benefits of a real-time, straight-through electronic application and decisioning model, tightly integrated with it’s core back-end lending systems. The Benefits: Approvals in minutes with lowered risk and origination costs, with greater flexibility to respond to business changes. Brokers are now notified instantaneously of status updates. Combined with comprehensive operational reporting, WorldOriginateTM provides a significant reduction in the level of effort required to maintain RAMS compliance procedures.