wemlo Provides New Product Choices to Third-Occasion Mortgage Mortgage Processing Answer

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DENVER, March 2, 2022 /PRNewswire/ — wemloSM, the primary third-party mortgage processing answer with an all-in-one digital platform, at present declares it has added assist for new mortgage merchandise to offer a seamless and environment friendly mortgage processing expertise for mortgage brokers and mortgage originators.

wemlo understands that dwelling loans aren’t a one-size-fits-all answer and that facilitating a seamless borrower expertise begins with providing purchasers mortgage choices that work with each their long-term and short-term monetary scenario and objectives. The wemlo group is skilled and extremely proficient in additional than a dozen mortgage merchandise together with Typical, FHA, Jumbo and VA.

The corporate is persistently including processing providers for brand new product and lender choices to offer the pliability wanted to ship the very best degree of buyer assist for mortgage brokers and mortgage originators. In an effort to repeatedly develop the platform’s capabilities, wemlo now helps processing options for nonqualified mortgage (Non-QM) loans together with DSCR & Financial institution Assertion, Specialised Borrower Help loans for low credit score rating and down cost help, Manufactured Dwelling and Building loans, plus VA IRRRL and FHA Streamline loans.

“wemlo permits mortgage mortgage originators to regulate each step of the method whereas a devoted group of processors does the heavy lifting,” says Chelsea Balak, VP of Operations for wemlo. “The wemlo mortgage processing platform is complemented by a extremely certified group of mortgage processors who keep on high of the wemlo mortgage processing particulars and streamline the method, thereby serving to mortgage mortgage originators shut loans quicker and releasing up extra time for them to herald new enterprise.”

This revolutionary mortgage know-how platform seamlessly manages demand, permits for automation and streamlines communication. Made for mortgage brokers and mortgage originators, wemlo’s award-winning know-how incorporates a safe borrower portal and distinctive brokerage dashboard. The wemlo processing dashboard permits mortgage mortgage originators to entry borrower info, monitor the standing of any loans, securely add paperwork and extra — all with a number of clicks, making your complete mortgage transaction simpler.

wemlo is at the moment approved to do enterprise in 46 states, plus Washington, D.C., and is including new states regularly. For a full checklist of states and pricing info, go to www.wemlo.io/pricing.

To be taught extra about how wemlo may help mortgage brokerages and mortgage originators work extra effectively, go to right here or ebook a 30-minute demo with a wemlo consultant at present.

About wemlo
wemlo℠ NMLS #1853218, is a technology-focused mortgage mortgage processing startup that’s reshaping the mortgage dealer channel. It developed the primary service for mortgage brokers, combining third-party mortgage processing with an all-in-one digital platform. Its product is marketed and offered to mortgage brokerages and mortgage originators throughout the nation. Wemlo is a subsidiary of RE/MAX Holdings, which incorporates RE/MAX®, one of many world’s main franchisors of actual property brokerage providers, and Motto Mortgage®, the primary nationwide mortgage brokerage franchise model within the U.S.

SOURCE wemlo



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