How Sage Home Loans transformed into a digital mortgage leader

Red Ventures has successfully leveraged acquisitions to build new ventures, exemplified by Sage Home Loans' transformation from a conceptual idea into a full-fledged digital mortgage business. Using Retool, Sage Home Loans' product management and engineering teams quickly developed operational apps, including a comprehensive loan officer dashboard that enhanced officer efficiency by up to 50%. Retool enabled Sage to efficiently connect various systems and data stores, facilitating the transition from a mortgage broker to a direct lender. This tool also allowed Sage Home Loans to create production-ready systems with fewer resources, ultimately leading to improvements in customer experience and internal processes. The use of Retool empowered Sage to adapt swiftly to changes in the mortgage landscape and explore innovative solutions, such as using generative AI for customer communication enhancements. The success at Sage Home Loans has prompted other brands within the Red Ventures portfolio to adopt Retool, highlighting its impact on operational efficiency and innovation across different business verticals.