IRVINE, Calif. /California Newswire/ — Cloudvirga(TM), a leading provider of digital mortgage software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.
The Cloudvirga Enterprise POS is the industry’s most advanced digital mortgage platform. It combines a mobile-first experience for consumers with an enterprise platform that empowers loan officers to rapidly structure deals and collaborate with customers.
“The lenders that will ‘thrive’ in the new mortgage market will be those who find ways to completely transform how they do business,” said Erin Dee, Director of Business Solutions for Thrive Mortgage. “Our partnership with Cloudvirga puts us in a strong position to serve our customers and business partners now and into the future.”
“The mortgage industry is evolving rapidly, and companies that want to stay on top must stay ahead of it,” said Cloudvirga Co-founder Kyle Kamrooz. “Cloudvirga helps fast-growing lenders like Thrive Mortgage reboot their mortgage factories to be smarter, swifter and more profitable.”
Dee was a featured speaker at September’s Digital Mortgage conference, where she spoke in a panel session titled “From Fool’s Gold to Fully Realized: Digitizing the Mortgage Factory.” During the panel, Dee spoke about the features that made Cloudvirga’s digital mortgage technology the right choice for her organization.
“I love using technology to effectively improve the loan workflow for our clients and our sales teams alike,” said Dee. “Cloudvirga’s intelligent workflow, or iWorkflow, lets us build a system that is extremely powerful for the loan officer. This ensures a consistent, high-quality loan manufacturing process and a vastly simplified, more enjoyable experience for the customer.”
Thrive Mortgage joins a growing list of leading mortgage lenders that have chosen Cloudvirga. In the last 45 days alone, Cloudvirga has announced deployments with American Financial Network, Fairway Independent Mortgage Corporation and Finance of America Mortgage.
To request a demo, visit https://calendly.com/cloudvirga or visit Cloudvirga’s booth #455 at the MBA Annual Convention & Expo in Washington, D.C.
Cloudvirga’s digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga’s customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country’s top lenders and private-equity firms.
For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.
About Thrive Mortgage:
Thrive Mortgage is a rapidly growing mortgage lender based in Georgetown, Texas. Since its inception in 2001 as a regional lender focused on Central Texas, the company experienced increasing origination growth as well as national exposure and numerous accolades. In 2018, the company simply outgrew its origins and rebranded to a more nationally-recognizable name: Thrive Mortgage. Currently, the company is licensed to do business in fourteen states with aggressive expansion plans underway into several strategic market areas in the very near future.
The first lender in the State of Texas to complete a 100 percent digital mortgage, Thrive Mortgage is continually at the forefront of innovation and seeking out ways to enhance the client experience through technological advancements. he strength of Thrive Mortgage is in its people, from the front-line originators strategizing with clients for their long-term financial success, to the operational support teams creating a seamless and efficient loan manufacturing process with a personal touch. This is the reason why they say, “Alone we dream. Together we Thrive!”
For more Information, please visit us at https://www.thrivemtg.com.
Branch NMLS ID# 268552. Equal Housing Lender.