Non-Traditional Strategies to Generate New Business in a Purchase MarketThe cyclical nature of the mortgage market provides opportunities for loan originators that are willing to adapt and be flexible with how they position their business. 2020’s epic refi boom is now squarely in the rear view mirror. In fact, Freddie Mac is predicting that refinance volume will crater this year …
Customize How and When You Receive Document Upload Notifications in FloifyThe Floify platform excels at keeping all loan stakeholders informed and accountable for their part in the mortgage origination process. For borrowers, the system delivers notifications and reminders that promote accountability by informing the borrower of any new or outstanding requirements. Loan originators and their teams are kept in-the-loop about …
Enhance Your Origination Process and Maximize ROI with Floify E-Sign Meet Floify’s Native Electronic Signature Solution Floify E-Sign is a powerful, mobile-optimized eSignature solution developed on the Floify platform that helps mortgage loan originators further streamline and digitize their workflow without the cost and management of an additional vendor. Purpose-built for the mortgage origination industry and designed to support its …
Looking Back and Moving Forward: What We Learned About Mortgages in 2021As 2021 has now drawn to a close, it’s natural to reflect on the events of the past year, and what a year it’s been. From a presidential inauguration to mass protests, COVID vaccines to new COVID variants, Olympic games to Squid Games, and everything in between, things were… …
2021: Floify’s Year-in-Review2021 was an exciting year at Floify! As we reflect on our accomplishments, we wanted to share some of our favorite milestones and give a big THANK YOU to our customers and partners who helped make this all possible. This year, we saw tremendous growth on the Floify platform. We had the pleasure of serving more than 3 …
Key Performance Metrics for Loan Originators and BrokersRunning a profitable mortgage origination business is never a static job. It often involves constant evaluation as well as correctly making important and impactful decisions that come up from time to time. Are the loans that you originate profitable? When should you make the next hire? How do you identify and resolve bottlenecks …
3 Common Complaints About the Mortgage ProcessAvoid these mortgage lending process issues to win repeat business and referrals We scoured the internet to determine the most common complaints that are leveled at loan officers about the mortgage lending process. We looked at not just what borrowers had to say, but Realtors as well. Why is this important? Because, according to Qualtrics, …
Mortgage Point-of-Sale: What Is It, and Why You Should Have One As the cost to originate a mortgage has been steadily climbing for years, the mortgage industry has been seeking systems that allow lenders to increase operational efficiency, increase per loan originated margins, and increase market share by offering solutions that cater to a digitally empowered borrower. To make gains …
Build Momentum with Prospects by Automating Early Origination ProcessesThe Floify platform excels at helping loan originators engage and build momentum with their prospects by delivering elegant automation during the early stages of the loan origination process. With Floify, simple yet momentum-killing tasks like ordering a credit report or determining what documentation will need to be provided can be completed instantly, …
Automating Document Needs List Creation in FloifyThere are a number of great reasons loan originators augment their workflow with automation. It drives higher efficiency, reduces or eliminates errors and omissions, and can allow borrowers to enjoy a loan process that moves as fast as they do. One area of the origination process that Floify’s mortgage automation engine can help LOs …