Cardinal Financial‘s third-party origination division announced Wednesday the launch of its nondelegated correspondent program that targets independent mortgage lenders.

The program allows approved nondelegated correspondents to originate loans in their own name while using Cardinal Financial’s loan technology platform, Octane, which provides underwriting, pricing and other operational functions.

“In a competitive market, lenders need to focus on reliability and efficiency,” Karl Benjamin, executive vice president of third-party origination at Cardinal Financial, said in a statement. “Our Non-Delegated Correspondent Program was designed with broker input to deliver stronger processing support, clearer visibility, and faster automation, giving our partners a strategic advantage.”

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