Sample content
Memorandum
A memorandum was sent on the XTH OF XMONTH YEARfor NAME and a secondary copy to BSA/310 with a subject entitled McBride Financial Services from NAME NAME.
Date: 4/21/2014
For: NAME
Initiated by: NAME
Subject: McBride Financial Services
Secondary copy to: BSA/310
Latest Standard
In the five states – Idaho, Montana, Wyoming, North Dakota, and South Dakota, we shall be the most excellent source of economical mortgage services utilizing the top of the line technology.
“From start to finish, our valued clients would obtain an outstanding, well-organized, and successful processing of mortgage applications”, as claimed by the McBride Financial Services Business Philosophy. Furthermore, the McBride Financial Services asserted that “In the five states – Idaho, Montana, Wyoming, North Dakota, and South Dakota, we shall be the most excellent source of economical mortgage services utilizing the top of the line technology.” Having these a
2. A memorandum was sent on the XTH OF XMONTH YEARfor NAME and a
secondary copy to BSA/310 with a subject entitled McBride Financial Services from
NAME NAME.
Date: 4/21/2014
For: NAME
Initiated by: NAME
Subject: McBride Financial Services
Secondary copy to: BSA/310
Latest Standard
In the five states – Idaho, Montana, Wyoming, North Dakota, and South Dakota,
we shall be the most excellent source of economical mortgage services utilizing the
top of the line technology.
“From start to finish, our valued clients would obtain an outstanding, well-
organized, and successful processing of mortgage applications”, as claimed by the
McBride Financial Services Business Philosophy. Furthermore, the McBride
Financial Services asserted that “In the five states – Idaho, Montana, Wyoming,
North Dakota, and South Dakota, we shall be the most excellent source of
economical mortgage services utilizing the top of the line technology.” Having
these as the McBride Financial Services’ business philosophy and mission, they
have an excellent motivation and concentrate on the attainments, completions, and
costumer services standards for the company’s future growth.
Potential Strength
• The price comprises of the entire primary services.
• Through local licensed professionals, the company would take care of the
appraisal’s preparation and inspection of the property.
• Short duration of elapsed time from start of application to finish.
• Within 6 months of beginning operations, financial break-even can be achieved.
3. • Within one year time, profits can now be seen.
• Keep up with technology to reduce costs and maximize efficiencies for clients
and the company as well for applying and obtaining mortgages. (Apollo,2005)
The company’s – McBride Financial Services – focal point in place to offer
economical mortgage services with the help of technology, customer service,
proper market, media, and complete analysis, planning, implementing, and
maintaining the company’s way of dealing with clienteles, loaners, and other
companies. The company has a set a goal that within a year from the point of
starting the operations, it must achieve a milestone which is reaching financial
profitability. Furthermore, the company has set another goal to be achieved in six-
months time which to reach a break-even point.
Through the utilization of technology, McBride Financial Services has figured out a
way to trim down the billing costs while increasing efficiencies for the mortgage-
paying clients. With a plan of minimizing cost while maximizing efficiencies for their
valued clients, McBride Financial Services has the goal of having efficient and
effective method of processing mortgage applications from beginning to end.
McBride Financial’s customers have the benefit of receiving upfront payment of
$1,500.00 upon credit approval with inclusions like credit report, mortgagem house
assessment, and evaluation from a certified professional (Apollo,2005). This
projected plan is best achieved through the right utilization of technology and
making available outstanding quality of customer service.
Technology
With an innovative idea to keep up with today’s trend, McBride Financial plans to
create a company website which can be made accessible by their customers online
or through office kiosks that will assist the customers just before an assigned
broker is readily available to look over their application. They are projecting a
website that should be easy to use (user-friendly), market-focused site that projects
an up-scale, quick and comfortable environment, and provides holistic client
satisfaction with no hassles from beginning to end.
A customer may inquire information about the entire mortgage process through the
company’s updated website about the latest interest and exchange figures, and
other customer’s queires. Prior to setting an appointment with a broker, the
customer must now have all the unanswered questions cleared and answered. The
customer can also avail information through the use of an intranet that is widely
available throughout the office which can provide assistance with customer
queries, wanting to converse with other offices or staffs, and needing to talk to
4. business partners like evaluation companies, residence examination companies,
and lenders or banks.
Through a set of computer hardware and/or software, and different programs
recognized
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