PrimeLending Switches to Blue Sage’s Digital Lending Platform

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Mortgage lender PrimeLending is now using the Blue Sage Digital Lending Platform as its origination platform.

The platform is highly scalable and capable of supporting any mortgage channel, including retail, wholesale and correspondent lines of business, Blue Sage says in a release.

Its user-friendly process automation tools will help PrimeLending’s loan officers capture greater numbers of borrowers seeking a digital mortgage experience.

Last year, PrimeLending, a PlainsCapital company, originated more than $14.5 billion in mortgage loans.

“We are laser-focused on delivering the best mortgage experience and, in our opinion, Blue Sage gives us a tremendous advantage now and in the future,” says Tim Elkins, chief information officer and executive vice president of PrimeLending. “Because of Blue Sage’s unique combination of mortgage industry expertise and open architecture capable of seamless integration and automation capabilities, we will be substantially better positioned to evolve and improve efficiencies over time.”

Built on a modern technology stack, Blue Sage’s platform is highly event-driven, handling pricing, underwriting and decision-making from the point-of-sale stage all the way to the closing and funding of the loan.

The platform sports a rich set of APIs and integration options, enabling it to be connected with a wide range of third party software and vendor services, such as appraisals, as well as title and flood insurance.

Blue Sage also includes mobile applications and CRM tools geared to helping loan officers increase sales.

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