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Quicken and CalyxSoftware Unveil New LOS
CalyxSoftware has announced a new partnership with Quicken Loans Mortgage Services (QLMS), a division of Quicken Loans Inc., to power its Quicken Loans Origination System (Q-L.O.S.).
Q-L.O.S. is an LOS that enables community banks, credit unions and select brokers to originate mortgages compliantly, quickly and profitably. Through Q-L.O.S., users can access QLMS’ entire suite of mortgage products.
“Working with Calyx Software to launch Q-L.O.S. reinforces our deep-rooted commitment to providing our partner banks and credit unions access to the most cutting edge technology and improving the mortgage experience for their clients,” said David Schroeder, Vice President of Quicken Loans Mortgage Services. “Simply put, Q-L.O.S. addresses the very specific needs of today’s financial institutions in an intuitive and flexible way, allowing them to close more loans, faster.”
Q-L.O.S. also offers users the ability to receive premium mortgage services and support directly from QLMS underwriters, operations team members, dedicated purchase and refinance specialists, and experienced account executives.
“Many third-party originators are expanding their businesses and looking for new partners and better technology to serve their borrowers and improve the customer experience,” said Bob Dougherty, Vice President of Business Development at CalyxSoftware. “We are proud to partner with an industry leader, like Quicken Loans, and excited that our Point and PointCentral technology will power Q-L.O.S.”
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