SimpleNexus, a developer of mortgage software for loan officers, borrowers and real estate agents, is partnering with Reggora, a provider of automated appraisal technology, to deliver a range of origination solutions for the mortgage industry.
The integration enables loan originators (LOs) to manage appraisals on the go within the SimpleNexus mobile app.
The integration with Reggora’s end-to-end appraisal platform better enables LOs and real estate partners to collaboratively support borrowers through the entire home buying process.
From the SimpleNexus app, LOs can receive real-time appraisal status updates, share appraisal information with borrowers and real estate agents, and receive appraiser messages, the company says in a release.
Ben Miller, chief operating officer for SimpleNexus, says the integration “saves LOs from having to toggle back and forth between multiple systems to manage appraisals, putting time back in their day to build relationships and facilitate a smooth closing experience.”
“Appraisal scheduling and management is a common source of delays to the closing process,” adds Brian Zitin, CEO of Reggora. “Reggora’s end-to-end appraisal platform streamlines the appraisal experience – from scheduling, to payment, to report delivery. Lenders benefit from faster turn-around times and shorter time to close.”