Us Mortgage Corporation Taps Lenderlogix Litespeed To Replace Its Legacy Point Of Sale

October 23, 2024 04:00 AM PDT | By Send2Press

Google News:

Us Mortgage Corporation Taps Lenderlogix Litespeed To Replace Its Legacy Point Of Sale — Image source: Send2Press

Recent News

Teva Pharmaceutical Stock Surges Despite Recent Dip NYSE Composite

Loews Performance Surges With Strong Fundamentals S&P 500

PPL Corp Sees Steady Growth in Utility Sector NYSE Composite

AECOM Stock Gains Amid Strong ROE and Earnings Growth NYSE Composite

BUFFALO, N.Y., Oct. 23, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced US Mortgage Corporation, a nationwide mortgage lender, has selected LiteSpeed to automate its mortgage process and provide its borrowers a digital-first borrower experience.

Image caption: LenderLogix.

“Once we saw the functionality of LiteSpeed, we couldn’t look at our borrower journey the same. Any way we can eliminate borrower friction is a win for us,” said Scott Milner, president of US Mortgage Corporation. “We needed a system that wasn’t just a digital loan application but something that could keep our borrowers engaged from pre-approval through closing. LiteSpeed allowed us to reimagine how we request conditions from borrowers and given its strong alignment with our LOS, we’re driving efficiencies through our entire process.”

LiteSpeed’s integration with Encompass® by ICE Mortgage Technology enhances US Mortgage’s loan application process by guiding borrowers through a sleek, mobile-friendly digital application where upon completion, borrowers instantly receive a personalized needs list, a secure document upload link and additional resources from their chosen loan originator. The needs list is then updated from Encompass as the loan progresses, making it a consistent experience for borrowers as underwriting conditions are collected and the loan is cleared to close.

“Every LenderLogix solution was created with the objective of streamlining the mortgage process and simultaneously enhancing the borrower experience,” said LenderLogix Co-Founder and CEO Patrick O’Brien. “It’s increasingly difficult for lenders to stand out in a sea of their peers, which is why we place such an emphasis on creating an automated digital borrower experience. Our products create personalized digital experiences for borrowers, while also shaving valuable minutes off each transaction for loan officers.”

Visit https://lenderlogix.com/contact to request a demo.

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today’s mortgage lenders. The company’s suite of products addresses the speed at which today’s real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

News Source: LenderLogix

To view the original post, visit: https://www.send2press.com/wire/us-mortgage-corporation-taps-lenderlogix-litespeed-to-replace-its-legacy-point-of-sale/.

This press release was issued by Send2Press® Newswire on behalf of the news source, who is solely responsible for its accuracy. www.send2press.com.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.