{"id":50749,"date":"2019-08-06T14:53:50","date_gmt":"2019-08-06T18:53:50","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=50749"},"modified":"2019-08-06T14:53:50","modified_gmt":"2019-08-06T18:53:50","slug":"more-than-half-of-mortgage-loan-applicants-now-opting-to-apply-using-their-mobile-device","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/more-than-half-of-mortgage-loan-applicants-now-opting-to-apply-using-their-mobile-device\/","title":{"rendered":"More than Half of Mortgage Loan Applicants Now Opting to Apply Using Their Mobile Device"},"content":{"rendered":"

LEHI, Utah, Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus (SimpleNexus.com<\/a>), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.<\/p>\n

\"SimpleNexus\"
\nBecause SimpleNexus\u2019 mobile-native point-of-sale (POS) technology is used by more borrowers and loan originators than any other platform of its kind, its users\u2019 behaviors can indicate changing origination trends, such as borrowers\u2019 rising preference to complete mortgage applications from their mobile devices.<\/p>\n

This finding comes as the firm is clocking record loan application submissions and growing at an unprecedented rate. To date, the SimpleNexus platform has connected its 20,000 active loan originators with 1.1 million borrowers and 65,000 realtor partners to produce nearly five million loans totaling over $100 billion in volume.<\/p>\n

\u201cOur triple-digit growth and enthusiastic adoption by loan originators, real estate agents and loan applicants shows how SimpleNexus is delivering on a market need for a mobile origination toolset that gets more loans to the finish line, faster,\u201d said SimpleNexus Founder and CEO Matt Hansen. \u201cWe are proud to be setting the bar for what a digital mortgage platform should be.\u201d<\/p>\n

For two years running, SimpleNexus has ranked in the top 500 on the Inc. 5000 list of America\u2019s fastest-growing private companies. In 2018 the company added 60 clients to its roster, bringing the total number of enterprise lenders SimpleNexus empowers to \u201cdo more\u201d to 223, including 15 of the top 25 retail lenders in the United States.<\/p>\n

For more information, visit https:\/\/simplenexus.com\/domore<\/a>.<\/p>\n

About SimpleNexus, LLC:<\/strong><\/h3>\n

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company\u2019s best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures \u2014 all on the go.<\/p>\n

Twitter: @SimpleNexus #digitalmortgage #mobileorigination #mortgagetrends #borrowertrends<\/p>\n

*LOGO link for media: Send2Press.com\/300dpi\/19-0724s2p-simplenexus-300dpi.jpg<\/p>\n","protected":false},"excerpt":{"rendered":"

LEHI, Utah, Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today released data indicating that, given the choice, a majority of borrowers now prefer a mobile-driven mortgage loan application process. Mobile applications accounted for more than 50% of the 37,157 mortgage applications submitted through the SimpleNexus platform in the month of May.<\/p>\n","protected":false},"author":9780,"featured_media":48372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10711,1,38,377,39,5,130],"tags":[205,9067],"class_list":["post-50749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","category-business-news","category-finance-news","category-mobile-tech-news","category-mortgage-news","category-technology-news","category-utah-news","tag-depthpr","tag-digital-mortgage","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":4322,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/50749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=50749"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/50749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/48372"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=50749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=50749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=50749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}