Beverly Hills, CA, April 4, 2023 – Insignia Mortgage, Inc. Developed and launched their new digital loan application tool, E-Insignia. The application is designed to remove all manual processes and provide complete automation to the lending workflow. Insignia Mortgage’s Digital Loan Application allows the company to better connect clients, real estate partners, and multi-tenant transactional businesses using a streamlined application and loan approval process, as well as, keep past borrowers apprised of the current state of the mortgage market by seamlessly syncing with the company’s marketing platform.
“It’s far from typical and rather revolutionary for a company of our size to be doing direct lender implementations of technology and bringing this level of automation and borrower experience to the marketplace,” says Encompass Expert, Steve Shamoo. By leveraging enterprise-level technology from Salesforce to Simple Nexus, E-Insignia allows consumers to upload, manage, and sign documents online and via a single mobile app. “I’ve spoken to major lenders who don’t have a solution that’s as integrated as this. It says a lot about our passion for the business, our intention to exceed what our competition’s doing, and our commitment to be in this for the long term.”
On average, a jumbo loan in California may require anywhere from 50 to 100 pages of paper documents over a period of as long as 60 days (about 2 months) to be processed. E-Insignia reduces the amount of paper used, expedites the loan process for all involved, and contains security measures to protect sensitive information as well as ensure compliance with regulations. Key benefits of the Insignia Mortgage Digital Loan Application also include ease of use, faster transaction times, timely notifications, and a streamlined loan experience. E-Insignia is available for download via The App Store. To learn more about Insignia Mortgage, click here.
