Mobile POS delivers Cloudvirga’s award-winning digital mortgage technology to loan originators, borrowers and real estate agents — anytime, anywhere
LAS VEGAS, Sept. 17, 2018 —
Backed by the same intelligent mortgage engine that powers Cloudvirga’s award-winning
Loan officers and brokers can configure the borrower experience on a per-loan basis with in-app options such as:
• A customized Form 1003 application (streamlined or full)
• Configurable credit check capabilities (soft, full or none)
• A fully customizable needs list
• Configurable electronic asset verification
Any mobile web browser delivers on-the-go access to loan details, documents and milestones for borrowers, home builders and real estate agents. Loan officers and brokers also have access to a dedicated mobile app. Directed workflows and event-driven notifications keep borrowers focused on their key tasks, speeding completion of the loan application, and live collaboration features give borrowers instant access to the experience and advice of their loan officer or broker.
“Automating bits and pieces of a broken mortgage process is like putting a Band-Aid on a bullet wound. Cloudvirga is different; we reinvent the mortgage process first, then automate it,” said Cloudvirga CEO Michael Schreck. “Our intelligent mortgage engine is our customers’ secret weapon, and we’re proud to make it available on-demand in a mobile-first format that suits the busy lives of originators and borrowers, particularly in this purchase mortgage market.”
Schreck announced the new product from the stage of
About Cloudvirga™
Cloudvirga’s digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform®, uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga’s customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country’s top lenders and private-equity firms.
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Media Contact
Leslie W. Colley
DepthPR for Cloudvirga
(404) 390-3830