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SimpleNexus announced a platform enhancement that merges the management of multiple loans with the same applicant into one user-friendly interface. The new “multi-loan” functionality is designed to improve the loan experience for loan originators and borrowers, enabling both parties to start, submit and access multiple loan applications via a web browser or mobile app experience.
SimpleNexus’ multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.
