Stand Out with the Best in Digital Mortgage Technology – with Joe Wilson of SimpleNexus – EP019
Technology will not replace Mortgage Bankers or realtors. But a real estate professional who embraces technology WILL replace one who doesn’t. In fact, we can leverage technology to enhance the relationships among LOs, agents and borrowers, making the process of securing a mortgage and buying a home quicker and easier.
Joe Wilson is the CMO of SimpleNexus, a mobile-first digital mortgage provider that connects lenders with buyers and realtors on a single branded platform, allowing for the exchange of data and documents through the entire loan life cycle. SimpleNexus works with 15 of the top 25 lenders in the country, serving 18K Mortgage Bankers and more than 100K realtors. Joe began his real estate career as a mortgage loan officer before making the switch to real estate technology ten years ago. He worked with Mortgagebot and Ellie Mae prior to joining the team at SimpleNexus.
Today, Joe joins Jeff to discuss his transition real estate technology and how the industry has evolved in the last decade. He explains the utility of SimpleNexus, sharing what differentiates the app from other digital mortgage providers and its benefits in terms of simplicity, time savings and transparency. Listen in for Joe’s insight on using technology to enhance relationships among Mortgage Bankers, agents and buyers—and learn how Simple Nexus provides a seamless experience for all three stakeholders involved in the process.
Key Takeaways
The fundamentals of SimpleNexus
- Digital mortgage provider (mobile-first)
- Connects lenders, buyers and realtors
- Exchange data and documents
SimpleNexus by the numbers
- Work with 200 lenders (15 of top 25)
- 18K Mortgage Bankers and 100K realtors
- 500K borrowers ($100B in transactions)
Joe’s background in real estate
- Real estate marketing in college
- Served as LO, transition to tech
The evolution of mortgage technology
- Began with online loan applications
- Shift away from desktop to mobile
The benefits of SimpleNexus
- Loans close 20% faster (up to 10 days)
- Transparency, real-time updates
- Instantaneous service from anywhere
What differentiates SimpleNexus from other apps
- Connections with LOS, credit reporting agencies, etc.
- Broader experience (home search through closing)
- Seamless digital experience for LO, borrower + agent
The SimpleNexus home search feature
- Link to realtor’s mobile-friendly site
- Third-party platforms (MobilityRE, HomeScout)
Connect with Joe
Email sales@simplenexus.com
Follow Our Team
Posted On Twitter By @PfitzerMortgage