Penrith Home Loans Enhances Tech Stack with SimpleNexus to Support a Unified Homebuying Experience from Application to Close
Penrith Home Loans, a mortgage lender in the western United States, has implemented SimpleNexus' Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to provide a single sign-on digital home buying environment from application to post-close. This will allow Penrith Home Loans to provide its customers with a more convenient and efficient home financing experience.
LEHI, Utah, Jan. 10, 2023 – SimpleNexus, an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced today that Penrith Home Loans has implemented Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to support a single sign-on digital homebuying environment from point-of-thought to post-close.
Penrith Home Loans is an independent retail mortgage banker licensed in Washington, Oregon, Idaho and Colorado and affiliated with Windermere Real Estate, the largest regional real estate company in the western United States. Specializing in meeting the needs of the purchase consumer, Penrith Home Loans has reconfigured its technology infrastructure to better support its production team and its increasingly tech-savvy customers with the help of SimpleNexus.
Together, SimpleNexus’ mobile lead engagement toolset, Nexus Engagement, its ‘from-anywhere’ point-of-sale (POS) product, Nexus Origination, and its eClosing solution, Nexus Closing, foster a collaborative, end-to-end digital home buying experience. A native integration with Penrith Home Loans’ loan origination system (LOS) enables mortgage consultants to manage loans from a single environment rather than having to swap browsers or visit third-party vendors to complete the mortgage process.
“We were drawn to SimpleNexus because of its strong reputation and ease of integration with our existing tech stack. Because our mortgage consultants self-source most of their leads from real estate agent referrals, features that build agent relationships — like the ability to loop agents into loan milestone updates — are especially appealing to our team,” said Greg Snow, president and CEO of Penrith Home Loans.
“SimpleNexus provides us with a competitive and easy-to-use toolset that supports our mortgage consultants and provides borrowers with a modern and streamlined home financing experience.”
“SimpleNexus is proud to partner with Penrith Home Loans, an organization that equips its team with industry-leading technologies so they can provide homebuyers and their referral partners with outstanding customer service,” said Ben Miller, CEO of SimpleNexus. “We look forward to supporting Penrith Home Loans on its digital lending journey as it introduces fully remote eClosing.”
About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @simplenexus.