Angel Oak Home Loans implements SimpleNexus’ homeownership platform

By Edlyn Cardoza

SimpleNexus, a nCino company and developer of the U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced that Angel Oak Home Loans has selected SimpleNexus’ Nexus Engagement™ and Nexus Origination™ to support a streamlined mortgage experience for a wide range of borrowers.

“While it’s true that no two lenders do business the same way, Angel Oak Home Loans has a clear commitment to making homeownership possible for creditworthy borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer of SimpleNexus. “We are proud to bolster the growth and innovation that Angel Oak Home Loans brings to the mortgage industry.”

Angel Oak Home Loans is an Atlanta-based, full-service mortgage lender that offers a variety of agency and non-qualified mortgage (non-QM) products to meet its customers’ unique home financing needs. The lender’s decision to implement SimpleNexus was primarily driven by the homeownership platform’s ability to provide a mobile-first toolset that enhances customer experience and streamlines loan origination. A customised, dynamic loan application developed for Angel Oak Home Loans supports agency mortgage lending and unique data fields for non-QM lending. Additionally, SimpleNexus’ streamlined management of “one-off docs” enables loan originators to efficiently generate, distribute, e-sign and organise these document types.

“At Angel Oak, we are enthusiastic proponents of using technology to optimise business processes and improve the borrower experience at every point in the mortgage transaction because it generates better outcomes for everyone,” said Richard LaNasa, president of Angel Oak Home Loans. “SimpleNexus is a cutting-edge platform that provides the best of both worlds: a single-sign-on borrower experience that reinforces customer trust in our brand and point-of-sale with seamless workflows that unify efficient production of our lending portfolio.”

Recently, IBS Intelligence reported that SimpleNexus had announced that Elberton, Georgia-based Pinnacle Bank has implemented Nexus Vision™ to support the optimisation of the bank’s mortgage operations with turnkey business intelligence (BI).