PRESS RELEASE: Floify Unites with I Love Mortgage Brokering to Support Their 100 Million Dollar Journey
Using Floify and other modern tech tools, a team of mortgage professionals aim to turn an $8 million-a-year business into $100 million during a new 12-month-long web series.
BOULDER, COLO. – October 17, 2017 – Floify, the mortgage automation solution for top-producing loan originators (LO), today announced its partnership with I Love Mortgage Brokering (ILMB) and their new web series, 100 Million Dollar Journey. Founded by Scott Peckford, a Kelowna, British Columbia-based mortgage broker, the series documents fellow LO, Jewels Ferris, and her experience with the ups and downs of the mortgage industry as she attempts to turn an $8 million-a-year business into $100 million.
Using Floify to automate and expedite the mortgage process, Peckford, Ferris, and an elite team of LOs and support staff seek to raise the bar for all loan professionals by using their expertise to grow a small business into a top-producing mortgage company. Throughout the 100 Million Dollar Journey series, fans get an inside perspective, as well as tips and tricks, on what it takes to be a successful mortgage professional and grow a profitable business in a highly competitive industry.
“When Scott Peckford asked Floify to be part of his exciting and ambitious journey, we were thrilled as Scott is known for taking LOs' businesses to ever greater loan volumes,” said Dave Sims, CEO of Floify. “We are confident Floify will prove to be a key player in Scott and Jewels’ quest to reach their $100 million goal, and we are looking forward to witnessing their accomplishments throughout the series.”
Floify simplifies the way mortgage professionals collect, verify, and manage loan documents; track loan progress; and communicate with borrowers and other loan stakeholders. With Floify, LOs report being able to close loans an average of 8x faster, increase their annual loan volume by more than 11 percent without adding additional staff, and reduce their workload by up to 5 hours/loan while maintaining existing volume.
“The average mortgage broker does only $4 million in loan volume per year, which is crazy low,” said Scott Peckford, founder of I Love Mortgage Brokering. “During the next 12 months and 24 episodes of the 100 Million Dollar Journey series, my team and I will redefine the mortgage industry by showing how successful a broker can be when they develop the right team and adopt modern technologies, like Floify, to improve the mortgage process.”
Floify is a mortgage solutions SaaS platform that streamlines the mortgage process by providing a secure communication and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan Originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is privately held. For more information about Floify, call (720) 316-8343 or visit https://floify.com.
About I Love Mortgage Brokering
I Love Mortgage Brokering (ILMB) was founded by Scott Peckford, a Kelowna, British Columbia mortgage broker who was looking to be a better broker. His goal was to interview 100 successful mortgage brokers in one year to learn what made them successful. Having completed 50 interviews in 2014 and publishing them as podcasts, Peckford decided to grow ILMB into a community where mortgage brokers share what has and hasn’t worked for them. Peckford recently launched the ILMB blog and video podcast, Mortgage Broker TV. To learn more about ILMB and the 100 Million Dollar Journey series, visit http://ilovemortgagebrokering.com.