PromonTech, the technology unit of Promontory MortgagePath, agreed to become the exclusive point of sale (POS) solution for ISGN’s MORVision loan origination system (LOS).
ISGN MORVision users can now leverage PromonTech’s white-label, Borrower Wallet to engage and educate customers and prospects, according to a company press release. Borrower Wallet is designed to provide a secure, borrower-friendly environment designed to build confidence and make it easy for the borrower to enter information, approve automated data collection, upload/e-send documents and stay informed throughout the entire loan journey. Data and documents captured in the front end of the origination process can be exported into MORVision via the PromonTech-ISGN integration.
“Having a next-gen point of sale experience is increasingly becoming the cost of doing business in a digital mortgage world,” PromonTech Chief Technology Officer Michael Kolbrener said in the release. “Borrower Wallet engages with customers using any computer or mobile device, on either a self-serve or loan officer-assisted basis. We look forward to working with ISGN and its LOS users to enhance both their customer experience and their efficiency.”
“By partnering with PromonTech, our clients will have access to an advanced, customizable front-end solution, at a fraction of the cost of developing one in house,” ISGN CEO Amit Kothiyal said. “Borrower Wallet is an elegant digital solution for both consumer direct and loan-officer centric lenders.”