Sun West Mortgage Company has announced its decision to license
Cloudvirga, a digital mortgage point-of-sale software provider, and its growing suite of technology offerings to Sun West Mortgage loan officers and borrowers. Sun West will become the first Cloudvirga customer to utilize a pair of exclusive new technology offerings, DocCertainty and HomDNA, within its point-of-sale software, the Cloudvirga Digital Mortgage Platform.
DocCertainty, a document classification and verification platform, assists borrowers with income and asset verification as they upload critical documents (like W-2s, pay stubs and tax returns) during the home loan application process. Documents uploaded to the Cloudvirga Digital Mortgage Platform will be automatically separated into individual PDFs and scanned for accuracy and legibility–saving Sun West LOs valuable time and effort, maintaining compliance, and identifying mistakes that lead to closing delays.
HomDNA, a document storage platform and post-closing consumer engagement app, helps Sun West loan officers develop lasting, lifetime relationships with their customers. Sun West LOs can offer the app to borrowers at the time of closing to store important documents (appraisal reports and recaps, home appliance warranties, floor plans and construction materials) in a secure, singular location. HomDNA also provides borrowers with monthly market valuations and a curated directory of local maintenance professionals.
"Sun West is the perfect partner for these exciting enhancements to our core platform,” said Dan Sogorka, chief executive officer of Cloudvirga. “DocCertainty and HomDNA will add significant functionality that will enable LOs to foster and maintain meaningful relationships with their customers. These components will also be generally available to our new and existing customers, including the Arive wholesale marketplace.”
