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AmeriCU to Introduce a Mobile Mortgage Lending Experience Powered by SimpleNexus

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AmeriCU

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Mortgage

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Credit Unions
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  • AmeriCU will implement SimpleNexus' Nexus Engagement™, Nexus Origination™ and Nexus Closing™.

  • These solutions will provide members with a seamless, mobile-first experience.

  • By integrating these solutions with the Credit Union’s LOS, AmeriCU will be able to streamline its workflows and improve operational efficiency.

AmeriCU, a New York-based credit union, will implement SimpleNexus' Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to modernize the member home buying experience. These solutions will provide members with a seamless, mobile-first experience and enable AmeriCU to streamline its workflows and improve operational efficiency.

New York-based credit union to implement Nexus Engagement™, Nexus Origination™ andNexus Closing™ to modernize the member home buying experience and gain process efficiencies.

LEHI, Utah, Jan. 31, 2023 (GLOBE NEWSWIRE) — 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 AmeriCU will implement Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to provide a streamlined, mobile-first member experience.

Founded in 1950, AmeriCU is a member-owned, not-for-profit financial institution with more than 150,000 members and $2.4 billion in assets. AmeriCU’s mortgage loan originators help members achieve their financial goals by connecting them with conventional fixed-rate mortgages, adjustable-rate mortgages, jumbo loans, Veterans Administration (VA) loans, home equity loans, home equity lines of credit (HELOCs) and more.

“At AmeriCU, the satisfaction of our members is always our number one priority,” said Stephanie McGuire, senior vice president of lending at AmeriCU.

“By equipping our mortgage teams with intelligent tools from SimpleNexus, they will be able to offer our members a more holistic home buying experience and achieve unprecedented operational efficiency.”

Nexus Engagement helps lenders engage pre-application leads and strengthen referral strategies with real estate agents via a shareable mobile app featuring integrated tools such as home search listings and a payment calculator. Nexus Origination, SimpleNexus’ point-of-sale (POS) technology, enables borrowers to apply for a loan, submit documents, monitor loan status, contact their loan officer, electronically sign (eSign) disclosures and more. Nexus Closing is a comprehensive solution that supports traditional, hybrid and fully digital eClosings. Leveraging these tools together will enable AmeriCU to offer members a modern, single-sign-on experience via a mobile app while benefiting from the productivity advantages of streamlined workflows.

To maximize the process efficiencies of SimpleNexus, AmeriCU will activate SimpleNexus’ native integration with the credit union’s new loan origination system (LOS). Bi-directional data syncing between SimpleNexus and AmeriCU’s LOS will enable originators to enjoy simplified workflows. For instance, loan officers will have the ability to quickly generate and send disclosure documents directly from the SimpleNexus mobile app.

“SimpleNexus is a cost-effective resource for credit unions that want to offer members a more convenient and connected home buying experience,” said Ben Miller, CEO of SimpleNexus. “Our mobile toolset, made stronger by native integrations and an open API framework, facilitates a state-of-the-art home buying experience from point-of-thought to close.”

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 theform 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.