nCino to provide WaterStone with a single, end-to-end solution for all lending activities
Wilmington, NC -- August 3, 2023 -- nCino, Inc (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that WaterStone Bank will be upgrading its technology stack and migrating its commercial, consumer, and residential lending activities to the nCino Cloud Banking Platform.
WaterStone Bank, established in 1921 and headquartered in Wauwatosa, Wisconsin, offers a full suite of personal and business banking products and services. The Bank maintains a customer first approach by providing highly personalized services through enhanced digital channels and new product offerings. To enrich the lending experience for its clients even further, WaterStone recognized the benefits a single platform could deliver to help eliminate inefficient operations, improve compliance management, and integrate rich data and insights into key workflows.
Peoples Mortgage Company is an independent mortgage bank employing more than 200 loan officers. The lender prioritizes exceptional client services, powered by well-trained staff, which is why it will partner with SimpleNexus to streamline and enhance processes.
SimpleNexus' Nexus Engagement, Nexus Origination and Nexus Closing solutions will allow borrowers to complete the entire home buying process from their mobile devices.
This new technology will make the home buying process more convenient and efficient for borrowers and the staff of Peoples Mortgage Company.
Nationwide mortgage lender implements Nexus Engagement, Nexus Origination and NexusClosing to support a mobile app-first home buying experience.
LEHI, Utah, Dec. 6, 2022 – SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO)company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Peoples Mortgage Company has implemented Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to make buying a home simpler with an easy-to-navigate mobile app.
Peoples Mortgage Company is an independent mortgage bank employing more than 200 loan officers that are licensed in 39 states. The lender prioritizes exceptional client service and prides itself on a well-trained, in-house underwriting and closing staff. It selected SimpleNexus’ technology to streamline borrowing for consumers and simplify loan production for its operations staff.
"What originally drew us to SimpleNexus is its positive reputation in the industry,” said Katie Klauss, senior vice president of operations for Peoples Mortgage Company. “After exploring its products, we learned that it integrated well with our existing tech stack, which would give us access to expanded process optimizations."
"It is exciting for our company to put the best tools into the hands of our team while offering a more modern borrowing experience to our customers.”
Nexus Engagement helps lenders convert more leads with pre-application tools such as a home search portal and mortgage payment calculator. Nexus Origination is a point-of-sale (POS) product that improves loan production for lenders and facilitates an intuitive home financing experience for borrowers. Nexus Closing is a comprehensive closing solution that brings together closing participants with intelligent workflows that support traditional, hybrid and full eClosings. The full suite of SimpleNexus mortgage software works together to give borrowers and lenders the convenience of single-sign-on mortgage management across the home buying journey.
“We’re honored to power an enhanced home loan experience at Peoples Mortgage Company,” said Ben Miller, CEO of SimpleNexus.
“Buying a home is a milestone event for families, and we strive to build tools that make it easier to get the home of their dreams.”
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.