Penrith Home Loans Enhances Tech Stack To Support A Unified Homebuying Experience
Penrith Home Loans has implemented Nexus Engagement, Nexus Origination and Nexus Closing, all technology by SimpleNexus, an nCino (NASDAQ: NCNO) company and developer of a U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents. The new technology will 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 homebuying 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 modernand 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.”
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