Let’s look at the some of the top rated or the best Point of Sale (POS) software’s in the Mortgage space. What is Mortgage Point of Sale?
Mortgage POS (Point of Sale)
- It is a systems that bring all the best together: efficient loan processing, automation, and a transparent and accurate experience for your borrowers.
- It is the one system in an LOs software stack that should interface with clients during the origination process.
- It provides borrowers with the tools that they need to do business with an LO digitally.
The Top rated or the best in the market known POS is Ice Mortgage’s “Point of Sale Solution”, previously known as “Encompass Digital Mortgage Solution”.
- Point of Sale Solutions is Ice Mortgage’s all-in-one integrated solution that covers the loan lifecycle and provides one system of record so you can close compliant loans.
- With Point of Sale Solutions, borrowers can easily complete an online mortgage application, instantly engage with their loan officer, and securely upload and eSign documents, making it faster and less expensive for a lender to process a loan.
- Floify is an automation solution for the mortgage industry that streamlines the loan origination process by providing a secure communications and document management portal.
- It is a cloud-based loan origination solution and mortgage point of sale which helps mortgage professionals automate lending processes and improve communication between all stakeholders.
- Mortgage brokers and loan officers use Floify to digitally collect and verify borrower documents, track loan progress, communicate with borrowers and real estate agents, and close loans faster and easier than ever.
- Key features of Floify include a customer database, loan processing, multi-branch support, digital signature, credit reporting, and visual representation.
- SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents, and settlement service providers throughout the homebuying process.
- SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership process.
- It is a fully integrated digital mortgage system, CRM, marketing, and POS tool offering a comprehensive mortgage business growth platform for loan officers and mortgage companies.
- It includes an extensive suite of features such as email and SMS marketing automation, lead distribution and management, 35+ proprietary mortgage tools, digital 1003 application, pre-built marketing content, customized video marketing, curated social media content, plus more.
- BNTouch offers plans for mortgage companies of every size, starting from $148 for the Individual plan per month.
- It is a cloud-based digital mortgage management platform that helps midsize and large businesses simplify and accelerate home loan experience for customers and lenders.
- Designed for depository banks, credit unions and independent mortgage institutions.
- Key features of Roostify include customer statements, document management, loan servicing, pipeline tracking.
- It comes with an intuitive interface, which allows users to create a custom brand experience for applicants and engage all resources on a unified platform.
- It offers a clean looking mobile mortgage POS, with good reviews on iTunes and Google Play.
- The app integrates with both Calyx Point and Encompass third party LOS systems.
- Designers have clearly put thought and effort into a visually appealing website.
- It is a full-featured, mobile-first digital mortgage solution for borrowers, realtors and originators.
- The Enterprise POS also includes directed workflows, calculates risk, and checks compliance to create underwriter-ready loans.
- It increases engagement with in-app analytics, survey tracking, Walkme tutorials, and more.
- It is a digital mortgage platform designed to help loan officers and lending teams streamline the loan process, from application to closing.
- It helps in enhancing borrower satisfaction, using a range of features including document collection, automated reminders and notifications, secure messaging, custom reporting, and more.
- Maxwell offers a mobile-ready experience, giving users the flexibility to manage mortgages on-the-go via their smartphone or tablet.
- It is designed to optimize lenders’ ability to analyse pricing in real-time by removing blind spots across all loan programs and competitors, allowing lenders to optimize their strengths and improve market share.
- It’s versatility allows correspondent lenders, banks, and credit unions to manage products, pricing, and eligibility for all mortgage types (conforming, non-conforming, Non-QM, and specialty loans).
- Blend focuses on creating streamlined digital applications for your borrowers and decreasing the days needed to process a loan.
- With its Digital Lending Platform, Blend helps financial institutions increase productivity and deliver exceptional customer experiences.
- Blend partners with retail banks, credit unions, and mortgage banks of various sizes to offer digital lending solutions for mortgage, home equity products, auto loans, and deposit account openings.
Looking for more information on integrating Encompass 360 or need help in integrating with other POS, leave us a message.
Take Five Consulting is a technology company, based in Virginia U.S., that specializes in the Mortgage Banking vertical especially LOS implementation and application development. Take Five Consulting creates and implement mortgage technology and software specifically for Mortgage Industry.