Calyx, a provider of mortgage software solutions, has debuted a new cloud-based origination platform, Zenly, that can be purchased and operational in 15 minutes.
The company says Zenly can efficiently handle all of the steps needed to complete a full mortgage application and deliver it, with the accompanying documentation, to a wholesale lender. Zenly also includes seamless loan submission to Fannie Mae’s Desktop Originator, giving sponsored mortgage brokers access to automated underwriting system Desktop Underwriter.
Using Zenly’s built-in borrower point of sale, an originator can import loan application data, pull credit, and automatically collect and verify borrower assets. The system enhances the borrower experience with a fast, interview-style loan application, mobile document upload capability and a borrower dashboard to see loan progress.
“Zenly is designed for brokers who want simplicity, convenience and speed for their borrowers, themselves and their lender partners,” says Patrice Power, marketing director at Calyx. “Zenly cuts through the clutter to give originators the tools they need to originate and sell more loans faster, and at the end of the day, that’s the goal for everyone involved in the loan process.”