Thrive Mortgage (formerly Georgetown Mortgage) is now using Cloudvirga’s mortgage point-of-sale system to give its loan officers an edge with consumers.
The lender has now deployed Cloudvirga’s digital mortgage technology to loan officers across its more than 50 branch locations nationwide.
Thrive Mortgage expects 70% of its loan production will be powered by Cloudvirga technology by the end of the quarter.
The Cloudvirga Enterprise POS combines a mobile-first experience for consumers with an enterprise platform that empowers loan officers to rapidly structure deals and collaborate with customers.
“The lenders that will ‘thrive’ in the new mortgage market will be those who find ways to completely transform how they do business,” says Erin Dee, director of business solutions for Thrive Mortgage, in a release. “Our partnership with Cloudvirga puts us in a strong position to serve our customers and business partners now and into the future.”
Cloudvirga also recently announced deployments with American Financial Network, Fairway Independent Mortgage Corp. and Finance of America Mortgage.