PRESS RELEASE: Floify Partners with LendingQB to Expand Mortgage Automation Solutions for Loan Officers and Mortgage Professionals
Partnership aims to integrate the power of Floify's mortgage automation solution with LendingQB's loan origination system, resulting in a comprehensive toolkit that further enhances the lender-borrower experience.
BOULDER, COLO – October 24, 2017 – As mortgage professionals seek new ways to streamline their mortgage process in an effort to keep up with a growing pool of borrowers, Floify, the automation solution of top-producing loan officers (LOs), announced its partnership with world-class loan origination system (LOS), LendingQB. This strategic partnership will result in a deep integration between the two solutions, and aim to provide LOs with even more flexibility when choosing LOS and mortgage automation systems to help run their businesses.
LendingQB, a provider of an innovative web-based LOS, continues to extend market-leading integrations through its web-based system that provides lenders with a flexible, innovative workflow. The LOS’s open-architecture application program interface (API) enables lenders to select the tools that best help their efficiency. The LOS was cited in the STRATMOR Group’s December 2016 Technology Insights report as achieving an end user effectiveness rating of 93%, top marks amongst the major LOS providers.
“Floify has been able to remain ahead of the mortgage automation curve in part because of the partnerships we have developed and nurtured over the years,” said Dave Sims, CEO of Floify. “Floify's integration with LendingQB is perhaps one of our most exciting endeavors yet. LOs will soon have even more flexibility when configuring their LOS and mortgage automation toolkit.”
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% without adding additional staff, and reduce their workload by up to 5 hours/loan while maintaining existing volume.
“Providing loan officers with digital tools to make them more effective is critical for mortgage lenders,” said Tim Nguyen, president of LendingQB. “Lenders must demonstrate that they are sensitive to the modern needs of loan officers and Floify satisfies that need. Floify is a proven solution that helps nurture relationships with top producers and generate volume for our clients more efficiently. We are extremely proud to have them as a partner.”
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. The company is based in Boulder, Colorado and is privately held. For more information, please call (720) 316-8343 or visit https://floify.com.
LendingQB is a provider of Lean Lending solutions for residential mortgage banking organizations. The Lean Lending solution consists of a 100 percent web browser-based, end-to-end loan origination system, best of breed integrations with key industry partners and ‘adoptimization' services that result in faster cycle times and lower costs per loan. For more information, please call (888) 285-3912 or visit http://www.lendingqb.com