PRESS RELEASE: Floify Wins Innovations Award
Company recognized as a top innovator for its industry-leading mortgage automation and point-of-sale solution proven to accelerate the loan process and increase sales
BOULDER, COLO – March 28, 2019 – Floify, an industry-leading digital mortgage automation solution, announced today it has received an Innovations Award from the PROGRESS in Lending Association. The award was presented to the company at a ceremony earlier this week during the Mortgage Bankers Association’s 2019 Technology Solutions Conference in Dallas, Texas.
“PROGRESS in Lending named Floify a top industry innovation because it is a leading digital mortgage point-of-sale solution that streamlines the loan process,” said Tony Garritano, founder of the PROGRESS in Lending Association. “Prior to the days of digital mortgage automation, loan originators and other lenders in the space processed loans through traditional methods. Floify has changed that. Through automation, Floify is saving its clients valuable time in the loan origination process and nearly doubling their productivity and profitability.”
The Innovations Awards recognize solutions that changed the mortgage industry for the better. Nominations were scored on a weighted scale based on the innovation’s overall industry significance, originality, positive change, hard cost, time savings and intangible efficiencies users can experience.
“Floify is dramatically improving the way lenders originate loans, making the process easier, faster and more intuitive for all involved,” said Floify CEO Dave Sims. “Floify has set a new benchmark for helping lenders fight margin compression, close loans faster and create happier customers. We are honored to have received this honor.”
Since 2012, Floify has been simplifying how mortgage professionals collect, verify and manage loan documents; track loan progress; and communicate with borrowers and other loan stakeholders. With Floify, lenders have reported getting their borrowers to clear-to-close an average of 7.5 days faster than lenders that do not use the Floify platform while increasing sales by 50 percent or more.
Floify is a digital mortgage automation and point-of-sale solution that streamlines the loan origination process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Lenders use Floify to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. Floify is based in Boulder, Colorado. For more information, visit the company’s website at floify.com or on social media at Facebook, LinkedIn, or Twitter.