Cloudvirga’s intelligent digital mortgage platform puts data driven technology in the hands of mortgage professionals to close more loans while driving the overall cost of origination down and increasing back office efficiency. Cloudvirga’s POS solution and digital mortgage platform are currently being used by 10 of the top 40 mortgage originators that are originating more than $100 billion a year through the platform. The company’s digital mortgage platform enables mortgage lenders to originate and close loans faster, reduce costs and risk, while delivering a superior customer experience.
- Underwriter-ready applications produced in as fast as 10 minutes
- More than 300% growth in applications in 2020
- 70% expected reduction in touch time between lenders and brokers with TPO platform
- 20% acceleration in approval process as measured by application to approval time