New American Funding has selected the Origence platform as its new mortgage loan origination system. The Origence platform provides lenders a mortgage lending solution that offers a POS and LOS to increase purchase close rates and throughput, while reducing lenders’ cost and cycle time. Origence can scale services to fit the evolving needs of mortgage lenders, significantly reducing manual work and risk.
“We are extremely excited about selecting the Origence platform for our new mortgage loan origination system,” said New American Funding Chief Executive Officer Rick Arvielo. “The platform is designed to improve efficiencies and help simplify the loan application process for everyone. By collaborating with Origence, we are now able to improve the overall borrower experience and help them achieve homeownership faster.”
The end-to-end LOS solution offers point-of-sale and fulfillment systems focused on reducing friction in the mortgage process, while simultaneously increasing pull-through rates through marketing automation.
“We are taking the lead to provide not only a new type of experience for lenders, but also a dramatically improved experience for borrowers,” said Roger Hull, Origence president and chief product officer. “It’s rewarding to see the level of efficiency and profitability Origence brings to the table for our lending partners. We’re excited to be working with New American Funding to help them transform their mortgage lending services by leveraging our platform’s capabilities.”