New American Funding Now Using Origence Mortgage Platform

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Origence, a provider of mortgage origination technology, recently announced a major customer win, as New American Funding (NAF) has selected the Origence loan origination system (LOS).

The end-to-end platform – which was officially unveiled just last week – bundles a point-of-sale (POS) and fulfillment capabilities. It is designed to increase purchase close rates and throughput while reducing cost and cycle time.

The platform can scale services to fit the evolving needs of mortgage lenders, significantly reducing manual work and risk, Origence claims in a release.

Rick Arvielo, CEO of New American Funding, says the Origence platform “is designed to improve efficiencies and help simplify the loan application process for everyone.”

“By collaborating with Origence, we are now able to improve the overall borrower experience and help them achieve homeownership faster,” Arvielo says.

“We are taking the lead to provide not only a new type of experience for lenders, but also a dramatically improved experience for borrowers,” adds Roger Hull, president and chief product officer for Origence. “It’s rewarding to see the level of efficiency and profitability Origence brings to the table for our lending partners.”

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