New American Funding Selects Origence Mortgage Platform
Mortgage lender looks to Origence to streamline loan originations, improve efficiencies and simplify the loan application process
October 29, 2019 – Irvine, California – Origence™, a leading provider of lending technology and solutions to the financial services industry, has announced that New American Funding (NAF) has selected the Origence platform as its new mortgage loan origination system.
The Origence platform provides lenders a mortgage lending platform that offers a point-of-sale (POS) and loan origination system (LOS) to increase purchase close rates and throughput while reducing lenders’ cost and cycle time. Origence is a comprehensive platform that 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 CEO 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 fulfilment 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,” noted Hull. “We’re excited to be working with New American Funding to help them transform their mortgage lending services by leveraging our platform’s capabilities.”
Origence is a technology provider dedicated to creating new approaches to the loan origination experience. The company’s enterprise origination solution, the Origence platform, powers mortgage, consumer, and home equity lending for financial institutions. An end-to-end solution, the platform includes marketing automation and POS (point-of-sale) capabilities to deliver greater sales opportunities. By bringing automation front and center to the digital lending process, Origence makes life easier for lenders and consumers alike. The company is headquartered in Irvine, California. For more information, visit www.origence.com. Follow us on Twitter and LinkedIn.