cloudvirga - intelligent Mortgage Platform | Enterprise POS
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Cloudvirga Enterprise POS

The promise of the digital mortgage – today

The Cloudvirga Enterprise POS includes all the features of the Consumer POS and includes an environment for LOs that helps them structure the deal and service their customers. The Enterprise POS also includes directed workflows, calculates risk, and checks compliance to create underwriter-ready loans.

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The POS that will transform your lending business

  • Increase consumer self-service – 42% of consumers complete their application on mobile devices with Cloudvirga’s intuitive interface with workflow, increasing FTE productivity

  • Close loans faster and cheaper – with task automation, built-in workflows and data retrieved from original sources, LOs do not have to wait for operations to setup and prep a file

  • Increase business insights – the intelligent, digital mortgage makes it easy for consumers and LOs to access loan data, and for lenders to get metrics on the state of the business

  • Have consumers commit faster – disclose fully compliant state-specifc and federal disclosures for FHA VA conventional, USDA loans with accurate calculations, APR, debt/income ratios, direct from source 3rd party fees meeting GSE and investor guidelines, and order appraisal for a one-call close

  • Make compliance simple – let the POS be the expert that asks the right questions so consumers are happier and loan officers can focus on selling

  • How does this all reduce costs? – Read how a top-10 lender verifies that they will reduce mortgage origination costs by $1500/loan in this Cloudvirga ROI case study

Read the ROI Whitepaper       |       Contact Us

Cloudvirga has what no other POS can deliver

  • POS for the Consumer and LO – consumers and lenders collaborate using role-appropriate workflows that include prompts, loan products with real-time APR and fees, and anomaly detection

  • Back-office tasks completed up-front – validates data against original sources, orders services, asks key questions, calculates fees, certifies product guidelines, and meets investor guidelines so underwriters never work with false assumptions

  • Task automation – performs complicated calculations that traditionally require several cycles of coordination between the consumer and operations team, allowing loan officers to carry loans further down the fulfillment funnel

  • Built-in compliance checks – workflow prompts consumers and loan officers when action is needed and creates an audit trail, resulting in highly-compliant loans without requiring additional training or effort

  • Operational reporting – standard KPIs, detailed analysis of when and how applications are abandoned and if loans are out of compliance provide actionable operational insights

  • Mortgage intelligence – intelligence is built into the workflows so consumers are asked for the right documentation, LOs offer the right products and calculations are performed accurately

For more information

Review Feature List       |       Download Datasheet       |       Get A Demo

Want to jumpstart your business? Get a full demo.