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Tech Bytes: Smartphones
TeraVendo’s LoanAce LOS reaches milestone with 1,000th mortgage company MortgagePress.comTeraVendo, LoanAce, LOS, Jeff Cunio, QuickTitle, loan origination software
TeraVendo Inc., a provider of secure, efficient and
customer-friendly software solutions for loan originators, mortgage
brokers and loan officers, has announced that, in less than three
months on the market, its LoanAce product has become the loan
origination software (LOS) of choice for thousands of loan officers
and loan originators at 1,000 mortgage companies.
"We have been experiencing breathtaking growth," said Jeff
Cunio, president of TeraVendo Inc. "Our company spent thousands of
hours researching the needs of mortgage industry professionals and
developing LoanAce to meet and exceed those needs. It is incredibly
exciting and humbling to have 1,000 different mortgage industry
companies trusting LoanAce as their LOS, especially in its first 90
days on the market. We have found a need in the market and LoanAce
is clearly the solution."
In tandem with this growth, TeraVendo has completely revamped
its LoanAce support division, increasing both the IT and customer
support staff.
Since 2005, TeraVendo has been invested in the development of
the best possible information technology solutions for the mortgage
industry. TeraVendos flagship product, LoanAce, debuted Aug. 1,
2006 as the mortgage industrys first LOS available at no charge and
quickly catapulted the industry to a new level of productivity.
LoanAce went beyond providing a fully functioning LOS and
introduced industry-leading features, including QuickTitle, one
click title ordering; integrated leads; and a manageable and
user-friendly format.
"We have every intention of being the number one LOS solution on
the market," said Mr. Cunio. "To make that a reality, our support
staff has to be quick to respond to customer needs and even quicker
in developing and delivering solutions and features to our rapidly
expanding user base. This increase in staff will allow us to
improve what is an already great customer support experience."
For more information, visit www.teravendo.com.
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