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Mortgagebot forms partnership with Harland Financial Solutions
MEQUON, Wis. (6/20/08)--Harland Financial Solutions will recommend Mortgagebot PowerSite, a Web-based loan-origination system, to its clients and prospects as a preferred solution as a result of a partnership with Mortgagebot announced Tuesday. PowerSite users also will be able to implement software that helps transfer application data collected by the site to Harland Financial Solutions’ mortgage solution and loan documentation products. More than 125 Harland clients already use PowerSite. PowerSite takes applications directly from consumers and allows branch, call center and other non-mortgage staff to take applications with minimal training. It also allows borrowers to complete an application and get pre-approved with full disclosures in 20 minutes or less. Mortgagebot PowerSite automates mortgage loan applications for 800 lenders nationwide, and half of the nation’s top 100 financial institutions, including credit unions. More than 70% of all consumers who search for low mortgage rates look on the Internet, and one-fourth of all lenders originate more than half of their loan volume online, Mortgagebot said in a statement.


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