Technology will not replace loan officers 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 loan officers 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 loan officers, 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 loan officers 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

Simple Nexus

Email [email protected]

Joe on LinkedIn

Resources

MobilityRE

Home Scout

Connect with Jeff

Pfitzer Mortgage Team

Pfitzer Team on Facebook

Jeff on LinkedIn

Jeff on Twitter