Skip to main content

Primary Capital Selects LoanQuest LOS

NationalMortgageProfessional.com
Oct 19, 2012

MortgageFlex Systems Inc. has been chosen by Primary Capital to replace their current loan origination system with LoanQuest. Known in the financial services industry for their dedication to customer service, Primary Capital is headquartered in Atlanta, Ga. and currently operates in 16 states. Primary Capital offers both retail and wholesale lending services. After a thorough due diligence process, Primary Capital selected MortgageFlex to provide a replacement mortgage loan origination system (LOS) for their retail mortgage offering and their expanding wholesale operations. “We have explored all LOS options over the past three years, and finding a solution that would require minimal immediate customization was a primary goal,” said George Phelps, executive managing director of Primary Capital. “MortgageFlex has smart, modern technology that already operates with 95 percent of the processes we manually tailored to make our existing LOS function the way we required. Finally joining the world of .NET is an exciting change, offering our developers abundant future possibilities.” MortgageFlex’s LOS, LoanQuest, has comprehensive lending functionality, including the latest workflow tools, embedded product and pricing and business rules, that work together to drive and validate compliance. Third-party origination (TPO) access to the LOS is provided via consumer and wholesale Web portals. “MortgageFlex welcomes Primary Capital to our customer family and we’re gratified that LoanQuest ‘s new technology is providing them with a foundation for change,” said Craig Bechtle, chief operating officer of MortgageFlex Systems. LoanQuest offers automation at a granular level and calls for services at the system level. Workflow Foundation permits normally isolated technology components like Business Rules engines, imaging centers and workflow maps to be used together forming a conjunction that was never available before.
Published
Oct 19, 2012
More from
Tech
AI: A Great Tool (With Limitations)

If companies aren’t embracing it, they need to ASAP

Mar 28, 2023
Candor Technology Confirms Workforce Reduction

Provider of AI underwiting platform for mortgages did not say how may jobs were affected.

Mar 20, 2023
Silvergate Capital Shutting Down

Cryptocurrency lender halted its warehouse mortgage operation 2 months ago.

Mar 08, 2023
Marketers: Bot In To AI

Embrace the opportunities that artificial intelligence creates for content creation

Mar 06, 2023
Q&A: Why Now Is The Best Time To Invest In Tech

The winning strategy for originators is going to be one that fully embraces digital

Mar 06, 2023
House Approves Remote Online Notarization Bill

Bipartisan voice vote brings federal legislation of RON closer to reality.