SimpleNexus, an nCino Company, Builds Integration with Finastra’s MortgagebotLOS

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[{"type":"text","content":"API integration connects SimpleNexus, an nCino Company, mobile-first homeownership solution with MortgagebotLOS to simplify U.S. home lending\nLEHI, Utah, Aug. 01, 2023 (GLOBE NEWSWIRE) -- SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership solution for loan officers, borrowers, real estate agents and settlement agents, today announced a new integration with Finastra’s MortgagebotLOS, a cloud-based loan origination system for digital mortgage lending. The native integration — available to independent mortgage banks, credit unions and depository banks — streamlines home financing for consumers and the financial institutions that serve them. The bi-directional integration enables homebuyers to enjoy the modern convenience of submitting a mortgage application via their phones or internet-connected device of choice. Real-time data syncing between the two systems supports automated mortgage loan milestone updates to prompt homebuyers to take next steps and keep their real estate agents in the loop about loan status. The integration also makes it easy for mortgage applicants to scan and securely upload documents via the borrower mobile app while optimizing loan production by electronically routing those files directly into MortgagebotLOS. “Developing a bi-directional integration with MortgagebotLOS provides greater convenience, efficiency and a more enjoyable usability for homebuyers and lenders alike,” said Ben Miller, CEO of SimpleNexus, an nCino Company. “It makes it easier for financial institutions to support strong customer relationships with a from-anywhere, digital mortgage application portal that keeps them informed at every step. This digital loan experience delivers the operational efficiencies lenders need to maintain margins and a competitive edge.” “This integration enables financial institutions to optimize their use of both platforms while providing borrowers with a seamless and supportive mortgage application process,” said Mary Kay Theriault, director of product management at Finastra. “Our goal is to equip lenders with the tools they need to stay ahead in any mortgage market.” “The enhanced functionality of this native integration helps our borrowers navigate the home buying process with greater ease while supporting our loan originators and process...

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