OSB Community Bank Adds Nexus Closing by SimpleNexus to Support Hybrid Closings


OSB Community Bank, an Illinois-chartered commercial bank with loan officers operating out of branches in Ottawa, Marseilles and Morris, Ill., is now using Nexus Closing by SimpleNexus to support hybrid closings.

The bank will leverage Nexus Closing alongside Nexus Engagement and Nexus Origination — tools the bank has used for six years — to facilitate a ‘from anywhere’ borrower experience from application to closing.

In a release, Dan Sabol, director of mortgage sales for OSB Community Bank, says SimpleNexus’ platform of digital mortgage solutions has played an important role in the bank’s ability to grow annual mortgage volume from $12 million to $125 million over the past six years.

“SimpleNexus provides a modern, easy-to-use interface for customers, while helping our LOs give homebuyers the personalized service that OSB Community Bank has prided itself on for more than a century,” Sabol says. “More than offering our customers a unified financing experience, Nexus Closing’s seamless integration with Nexus Engagement and Nexus Origination will enable us to operate in a more organized, efficient and productive manner.”

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