Boston - Aug. 9, 2008 - LendersLogic, Inc. today announced that Citizens National Bank of Bluffton (CNB) has selected the LendersLogic consumer direct mortgage loan decisioning solution to upgrade its online application and to help the bank attract Internet shoppers while providing a whole new level of service to the bank's customers.

With more than 85 percent of first time home buyers using the Internet to begin the origination process, CNB felt it was important to provide an application that increases the ease of applying for a mortgage and having a pre-approval completed almost instantaneously. The wizard- like application takes the consumer from prospect to approved borrower within five screens and less than 10 minutes.

"When someone finds a home they'd like to purchase, they're very excited and want to be able to make an offer right away," said Greg Adams, CNB senior vice president for retail lending. "This new application allows them to upload the financial and personal information needed and have it reviewed and potentially pre-approved for their requested amount within minutes. It's a huge step forward in speeding up the mortgage process and allowing them to make an offer on a home that much sooner."

LendersLogic™ award winning technology today is used by banks, credit unions and mortgage companies all across the country to provide consumer direct decisioning right at the point of sale. More than just a credit evaluation, LendersLogic provides a one step institutional underwriting assessment on all submitted applications. A borrower can receive an approval within seconds.

"Citizens National Bank is an important new customer for LendersLogic and we look forward to continuing to team up with them to help make their mortgage volume grow," said Wayne Howe, LendersLogic General Manager. "By adding instant online approval, CNB has added a whole new level of service for its customers. We are pleased to have them as a new client."

About Citizens National
With offices in Bluffton, Celina, Elida, Findlay, Lima, Springfield and Van Wert, Citizens National Bank has assets totaling more than $481 million and has been serving the communities of west central Ohio since 1920. To apply, consumers may visit the Mortgage section of www.cnbohio.com and click the "Apply Online Now!" link. If unable to complete the application at that time, applicants are able to return to complete it. They may also edit applications if needed before submitting and check back on the status of the application at any time.

About LendersLogic

Among the first companies to provide consumer-direct automated underwriting at the point of sale, LendersLogic was built in partnership with leading mortgage lenders and has a verified interface to Freddie Mac's Automated Underwriting System (AUS). Offered as a managed web service, LendersLogic meets all government guidelines for consumer data protection and the product was awarded Mortgage Technology Magazine's "Rising TechStar 2005" award.

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