wemlo adds new product offerings to its third-party mortgage processing solution
DENVER, March 2, 2022 /PRNewswire/ — wemloSMthe first third-party mortgage processing solution with an all-in-one digital platform, today announced that it has added support for new loan products to provide a seamless and efficient loan processing experience for mortgage brokers and loan originators.
wemlo understands that home loans are not a one-size-fits-all solution and that facilitating a seamless borrowing experience starts with providing customers with mortgage options that work with both their financial situation and their long- and short-term goals. The wemlo team is trained and highly skilled in over a dozen loan products including Conventional, FHA, Jumbo and VA.
The company is constantly adding processing services for new products and lender options to provide the flexibility needed to deliver the highest level of customer support to mortgage brokers and loan originators. In an effort to continually expand the capabilities of the platform, wemlo now supports non-qualified mortgage (non-QM) processing solutions, including DSCR & Bank Statement, Specialized borrower assistance low credit loans and down payment assistance, prefabricated house and Construction loans, more VA IRRRL and FHA Streamline loans.
“wemlo allows mortgage originators to keep tabs on every step of the process while a dedicated team of processors does the heavy lifting,” says Chelsea Balak, vice president of operations for wemlo. “The wemlo loan processing platform is complemented by a highly skilled team of loan processors who stay on top of the details of wemlo loan processing and streamline the process, helping mortgage originators close loans faster. and freeing them up more time to bring in new business.”
This revolutionary mortgage technology platform seamlessly manages application, enables automation and streamlines communication. Designed for mortgage brokers and loan originators, wemlo’s award-winning technology provides a secure solution borrower portal and unique brokerage dashboard. The wemlo Processing Dashboard allows mortgage originators to access borrower information, monitor the status of all loans, securely upload documents and more, all with just a few clicks, which facilitates the entire mortgage transaction.
wemlo is currently licensed to do business in 46 states, plus washington d.c., and regularly adds new states. For a complete list of states and pricing information, visit www.wemlo.io/pricing.
wemlo℠ NMLS #1853218, is a technology-driven mortgage processing startup reshaping the mortgage broker channel. It developed the first service for mortgage brokers, combining third-party loan processing with an all-in-one digital platform. Its product is marketed and sold to mortgage brokers and loan originators across the country. Wemlo is a subsidiary of RE/MAX managementincluding RE/MAX®, one of the world’s leading franchisors of real estate brokerage services, and Currency Mortgage®, the first national mortgage brokerage franchise brand in the United States