PRMG Partners With FinLocker on Financial Assistance Tool
February 19, 2020
Paramount Residential Mortgage Group Inc. (PRMG) and FinLocker have joined forces to provide PRMG customers with free access to FinLocker’s personal financial assistant technology.
FinLocker, a consumer engagement platform, delivers a reusable financial locker with personal finance tools to prepare consumers for a home purchase or refinance by securely capturing and analyzing financial data, such as employment, income, assets, credit, real estate and other financial information. Through this new strategic partnership, the “locker” has been white-labeled in the name of PRMG. This partnership was designed to provide consumers with a tool to assist in mortgage readiness, as well as financial literacy and wellness.
“Our distribution of lockers supports PRMG in carrying on a 10-year tradition of helping originators, for all three delivery channels and retain customers for life,” said Kevin Peranio, chief production officer for PRMG.
FinLocker is a secure, transactional personal financial management tool that aggregates a consumer’s financial data. It also analyzes, recommends and streamlines mortgage and other financial transactions. Consumers benefit from personalized recommendations, credit score reporting and monitoring, financial and mortgage education, as well as cash flow analysis, budget planning, data sharing and more.
“My personal relationship with the partners at PRMG is extremely important to me and dates back decades with the founders, Paul Rozo and Robert Holliday…. PRMG has also built a successful company and reputation that focuses on superior customer experience, in addition to supporting originators with innovative solutions,” said Brian Vieaux, FinLocker president. “Built by originators for originators, PRMG shares our vision of innovation by leveraging sophisticated solutions to best serve PRMG originators and customers. This relationship will not only provide a unique value to PRMG consumers, but it also further reinforces the FinLocker mission to ‘Enable people to achieve the dream of homeownership and financial well-being.’”