2020 HW Tech100 Mortgage: Cloudvirga
Efficiently structure deals and collaborate with consumers
Cloudvirga is a digital mortgage platform that empowers loan officers to efficiently structure deals and collaborate with consumers to improve the mortgage experience. Its enterprise point-of-sale software helps lenders streamline and automate the mortgage loan application process, dramatically reducing closing time, costs and errors along the way. Cloudvirga’s enterprise point-of-sale platform attacks the serious problems associated with producing a loan by delivering value beyond the functional and intuitive loan applications by completing complicated back-office tasks up-front such as validating data, calculating fees, ordering services and certifying product guidelines.
- Cloudvirga assisted in over $200 billion in processed loans across 10 of the top 40 lenders in the country in 2019.
- New technology partnership with Exos Technologies launched in 2019, bringing real-time appraisal, closing and signing technology at the point-of-sale.
- In 2019, Cloudvirga launched ARIVE, a point-of-sale platform for independent mortgage brokers which provides an elegant end-to-end digital mortgage solution to brokers.
