Originator Mortgage Point-of-Sale
Improve Selling Productivity and Downstream Efficiencies
Help Loan Officers Close More Loans and Reduce Costs
Empower Loan officers to Do More in Less Time
Build Trust from Application to Close
Close More Loans Faster
Structure, quote products and rates, compare scenarios, disclose, order appraisal and run your needs list all upfront.
One place where customers apply, get advice, quotes, direct-connect or upload docs securely, e-sign, manage all tasks while staying updated in real-time.
The digital mortgage platform that goes beyond taking an application. We automate the consumer and back-office tasks resulting in faster speed to close, with less touches and lower cost.
Empower Loan officers to Do More in Less Time
Structure, quote products and rates, compare scenarios, disclose, order appraisal and run your needs list all upfront.
Build Trust from Application to Close
One place where customers apply, get advice, quotes, direct-connect or upload docs securely, e-sign, manage all tasks while staying updated in real-time.
Close More Loans Faster
The digital mortgage engine that goes beyond taking an application. We automate the consumer and back-office tasks resulting in faster speed to close, with less touches and lower cost.
Shop for Products and Pricing
Quickly determine which products your customer is eligible for, present rates and fees in seconds and even lock your rate and request concessions.
Loan Comparison
Advising and proactively educating the consumer is essential. Present multiple program options to your customer in an easy to understand format with our Loan Comparison Report.
Back-office Tasks Completed upfront
One system where you can price, lock, request concessions, pull in fees, confirm program eligibility with debt-to-income (DTI) ratio and reserve calculations, disclose, run single-click dual AUS, order appraisal, and auto generate needs lists.
Built-in Compliance Checks Prior to Disclosing
Protection through automated compliance checks means you can disclose at the click of a button.
Qualification Calculations
Automatic Debt-to-income, cash to close and reserve calculations give you the ability to determine eligibility early in the process.
Disclosures Delivered with Ease
Generate disclosures on time, in a fraction of the time, with direct integrations that feed back to your loan origination system. Originators can now increase speed to underwriting by issuing disclosures while remaining compliant.
Automated Appraisal Workflow
Appraisal ordering customization which allows the consumer or Loan Officer to place the order. Consumers can even post payment without having to wait for the lender to engage.
Proprietary Investor Matrix
Present your specific product guide mix including investor matrices and overlays for all product types.
SOC 2 Type 1 Compliant
Cloudvirga helps you to stay secure and compliant throughout the mortgage origination process. We successfully deliver the five Trust Service Principles of security, availability, processing integrity, confidentiality, and privacy.
ISO 27001 Stage 2 Certified
Cloudvirga is proud to be ISO 27001 Stage 2 certified. We have met rigorous international security standards to ensure confidentiality, integrity, and availability of our Management of Information Security to protect all assets in design, development, maintenance and monitoring in our Intelligent Mortgage Platform®.
Seamlessly Integrate with Lending Technologies and Data Provider
Cloudvirga seamlessly integrates with your existing origination ecosystem and software such as loan origination systems (LOS), customer relation management (CRM), credit, product pricing and eligibility (PPE), fee and MI providers, government sponsored enterprise (GSE), electronic verification of assets (EVOA), esign and document delivery, and much more.
Trusted by Top Lenders
Gain Commitment and Close Loans Faster
Intelligently structure deals while simultaneously progressing your customer through the loan process.
Accurate Calculations
Accurate APR, front/back end ratios, MI, terms, and cash to close calculations for conventional and government loan products
Pipeline Management
Customizable pipeline views support managing and filtering pipelines with ease
Flexibility in Defining Loan Structure
Whether putting together a simple conforming loan or complex loans, get the flexibility to structure loan terms without going into your LOS
Pull Credit from Numerous Providers
Pull credit in moments, auto extract liabilities, securely store credit reports, reissue credit, remove borrowers
DU/LPA Integration and Dual AUS
Desktop Underwriter and Loan Product Advisor integration , as well as 1 touch running of Dual AUS
Support Custom Workflows
Introduce guardrails to guide your users through a best practice workflow, or choose to allow users to navigate through a loan however they like
CRM Integration
Receive lead data from any CRM that can pass data through a standard MISMO 3.4 format with or without an embedded FNMA 3.2 file
Accurate Appraisal Fees
Accurate appraisal fees down to the product, loan amount and state level
Pre-Qualification and Pre-Approval
Generate pre-qual and pre-approval letters in moments
Updated Financial Asset Info
After your borrower has undertaken eVOA, retrieve updated asset information (30-, 60-, 90-day) direct from the financial institution
Document Integrations
Direct integration with best-in-class document providers allow loan officers to take a loan all the way through initial disclosures without ever going into the LOS
Calculate Net Tangible Benefit
Calculate and generate Net Tangible Benefit (NTB) form based on state requirements
Request Locks and Concessions
Request rate locks as well as any rate concessions
Qualification Engine
Proprietary VA/FHA/USDA qualification engine
Updated Bank Info
Retrieve updated bank information (30-, 60-, 90-day) direct from source once consumer has e-verified
Generate Compliant Disclosures
Generate fully compliant state-specific and federal disclosures for FHA, VA, conventional, and USDA loans with accurate calculations, nationwide
Document Vault
Secure document vault stores and manages all lender and consumer generated documents
FeeGuard Protection
FeeGuard to protect against guideline/fee restrictions down to the loan product level
ITP
Obtain intent to proceed and stamp loans with the ITP date
Real-Time Audit Logs
Real-time audit log to track track every detail of the loan process including date/time stamp when applicable
Real-time Access to County-level
Real-time access to county-level escrow, title, transfer tax, endorsement and recording fees nationwide
Automate Mailing Disclosures
Automated and compliant workflow for print and ship with Mail Room for mailing disclosures when required
Support 8 Borrowers on 1 Loan
Support up to 8 borrowers on a single loan all the way through disclosures (for each borrower pair)
Take a Guided Demo Tour
Ready to reduce mortgage origination costs and close loans faster?
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5291 California Ave. 3rd Floor
Irvine, CA 92617
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Originator Point of Sale
Cloudvirga™ , a leading provider of digital mortgage point-of-sale (POS) software, and Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry have announced an official integration partnership.
The Cloudvirga Enterprise POS platform dynamically re-engineers the mortgage workflow and automates manual processes to close loans by up to 30% faster. The tight integration between Cloudvirga and Ellie Mae makes it easy for originators to fund and close loans in Ellie Mae’s Encompass® digital mortgage solution while structuring deals and locking in borrower commitment using Cloudvirga’s POS.
The joint solution is a fully bi-directional integration that seamlessly maps all data fields, from disclosure tracking to itemization of fees, creating a more robust dataset than a FNMA 3.2 file. Additionally, both systems are fully synchronized whether the origination teams are in the Cloudvirga POS or Encompass.
“Cloudvirga’s integration with Ellie Mae is the result of years of development and tens of thousands of closed loans on Cloudvirga’s POS,” said Cloudvirga Chief Product Officer Tim Von Kaenel. “Together, Cloudvirga and Ellie Mae bring an exceptional user experience to both borrowers and loan originators while dramatically driving down the cost of lending.”
5291 California Ave. 3rd Floor
Irvine, CA 92617
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© 2020 Cloudvirga™ All Rights Reserved
Terms of Use | Privacy Policy