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Form and Plugin Development

As a loan officer, you’ve likely been hearing a lot of talk about the digital mortgage and how it will continue to change the world as we know it. … Although that might be a slight exaggeration, we’re all on board with the idea that it has and will continue to transform the mortgage lending process.


The question is: Are you ready for these changes? All of them?

 

The Digital Mortgage Concept


You may already be using some of the resources. However, to thoroughly utilize digital mortgage capabilities, you must implement powerful, modern technology. By doing so, you can help your business and your borrowers complete the mortgage loan process much more effectively than you did in the past.


If you’re not completely familiar with what a digital mortgage is, it essentially refers to using computer systems and other technologies in order to complete the loan process, beginning to end. It includes everything from a borrower applying for a loan online to the closing being completed electronically through the eClosing option.


A digital mortgage maximizes automation capabilities in order to simplify and enhance the lending process. Documents can be easily uploaded and organized digitally, and various technological resources may even help to ensure greater legal compliance.


While the initial investment in automating the loan origination process may cost you, the investment will pay for itself tenfold in time saved, overall profitability, and better communication with borrowers. Just one missed online message from a potential borrower, after all, could mean the loss of a customer.


Along these lines, an important factor to note is that interaction between the borrower and lender remains crucial. Borrowers need to know they can count on you to be there for them to answer questions or even provide them with reinforcement about their decisions. Digital mortgage technology shouldn’t replace you. In reality, it’s quite the opposite; it should make you even more accessible. And that means more business for you and additional peace of mind for your borrowers.

Are You Behind?


If you are behind in implementing effective mortgage technology systems, there’s no better time to get started than today. The sooner you modernize your loan processes, the sooner you can start reaping the rewards. Contact us at Clarity Technologies to begin.

What is a digital mortgage? Contact us at Clarity Technologies to learn more.

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Form and Plugin Development

Having the ability to engage today’s homebuyers is no small task. Their time is precious, they have an immense number of resources, they educate themselves more than ever before, and they’re more selective than homebuyers in generations before them. However, knowing the tools and options that can attract today’s homebuyers is a critical step toward gaining their attention. The next step is actually implementing the tools within your technology systems, website, and social media pages.

4 Tools and Options that can Attract Today’s Homebuyers


Beyond a beautiful home and a fantastic financial arrangement, do you know what today’s homebuyers are looking for? If not, consider the following as a framework:

1. Today’s homebuyers are exceptional when it comes to money management skills.


Having the right tech tools and options for homebuyers can help you attract them to your mortgage loan business while building their trust.If you can provide your potential borrowers with online calculators, apps that track the lifetime of their mortgage, and similar tools, they’ll appreciate it. From there, you can build on that newfound trust.

Can you provide them with financial management answers, helpful solutions, and general assistance?


2. Potential homebuyers research their options thoroughly before making a decision.


Many businesses just like yours are competing for those potential borrowers’ attention. Your mortgage firm needs to be visible in every way to ensure that they think of you before your competitors. This is where smart social media and marketing strategies are crucial.

Are you taking advantage of social media tools as effectively as possible to grow your leads?


3. Millennials are likely to flip houses or relocate frequently.


Millennial homebuyers tend to move often, and some are in the business of buying and renovating older houses for profit. For that reason, many may hesitate to make a long-term investment in a home, but if you can make them feel comfortable, you’re more likely to win them over.

Do you provide tools that will educate them about ways to move easily or sell houses sooner?

4. Educational resources will bring traffic to your website and social media pages.


Remember that you want to go beyond selling mortgages. You should genuinely provide consumers with sound, practical information that will help them make the right decisions. If you regularly keep your website and social media pages updated with relevant information they want to read, you can:

  • • Gain their trust
  • • Further be seen as a leader in your industry
  • • Keep your website alive and active
  • • Grow your social media followers and activity
  • • Increase leads
  • • Maintain a steady stream of activity indefinitely
  • • Increase your domain authority


Are you providing leads and website visitors with the facts they need to make the most informed decisions? Are you posting to your site and social channels regularly? Are you streaming business and real estate news, perhaps?

Implementing Effective Strategies

Once you know the tools and options that can attract today’s homebuyers, it’s time to implement them. If you don’t know which options will be most effective, it’s time to learn them. That’s where we come in.


As leading mortgage technology consultants in Arizona, we can help you identify the tools you need and then customize and implement solutions. Contact us for more information and ideas.

Contact us at Clarity Technologies for more information about tech tools and options that can attract today's homebuyers.

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Clarity Technologies, Form and Plugin Development

Clarity is proud to be affiliated with the Mortgage Bankers Association, enabling us to make a greater difference in the professional lives of loan officers in Arizona. You may be wondering exactly how the affiliation between Clarity and the Mortgage Bankers Association matters to you.


Well, consider these concepts:

  • • For starters, when you choose Clarity for your mortgage technology needs, you can do so with the confidence of knowing we are affiliated with one of the industry’s largest associations in the nation.
  • • As an affiliate of the MBA, we are held to higher standards.The affiliation between Clarity and the Mortgage Bankers Association could mean stronger technological resources for your mortgage technology.
  • • We are in a better position to stay abreast of the latest changes in the mortgage technology industry, the mortgage industry in general, and changes within Ellie Mae’s Encompass LOS.
  • • The MBA provides tools that both mortgage bankers and technology consultants need to formulate stronger and more thorough strategies for the future.
  • • The MBA’s financial research provides us with a broader and more comprehensive view of the solutions our clients need.
  • • Knowing current real estate trends and short- and long-term outlooks allows us to provide you with the service you expect and need.
  • • Educating ourselves on national, state, and local policies ensures that our clients’ systems are up-to-date on quality and legal standards.
  • • We can better protect your mortgage technology from hackers and malware.


Now, if you believe your loan origination system is just fine and you don’t need to modernize, consider these issues next:

1. If you use Encompass, Ellie Mae regularly updates its program, providing loan officers with bigger and better features. Our mortgage technology consultants can help you take advantage of these improvements.

2. About 12 million records were left vulnerable through more than 790 security breaches that occurred in the first half of 2017. Protecting clients’ security is critical, especially for individuals in the mortgage industry who handle an innumerable number of personal documents.

3. Modernizing your systems may help you save money as a result of the elimination of unneeded resources and wasted time.

4. Your prospective clients have come to expect advanced technology from websites, mobile devices, and apps. Updating your systems through various customized plugins and other features will give them the tools they desire.


If you want to know more about Clarity and the Mortgage Bankers Association’s affiliation, or are interested in updating your mortgage technology systems, contact us today. We’re here to answer your questions.

Contact us at Clarity Technologies for more information about this blog or for mortgage technology services.

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Clarity Technologies, Form and Plugin Development, Managed Services

With Ellie Mae’s Oct. 22 announcement about its Encompass upgrade, you may be wondering what the changes mean for you. If not, you really should be. Being aware of the changes means being able to take advantage of all that Encompass has to offer.

Encompass Upgrade Highlights


Ellie Mae’s Encompass upgrade is expected to help mortgage lenders originate additional loans, lower origination costs, and shorten closing times as a result of efficiency, compliance, and quality.


The highlights of the upgrade include:

  • • Enhanced Home Equity Line of Credit (HELOC) support
  • • The release of Encompass Dynamic Data Management
  • • Mortgage insurance support for the Ellie Mae Total Quality Loan™ Program


Jonathan Corr, president and CEO of Ellie Mae, said the changes can help mortgage lenders operate more efficiently by using Encompass Dynamic Data Management, achieve complete compliance, and have a more streamlined mortgage process with centralized service ordering. 

What It Means to You

If your loan origination system hasn’t been analyzed in a while, these Encompass enhancements could be the push you need to update your system. If you are working with outdated systems, using tools you don’t need, using the wrong tools, or overlooking the right mortgage lending solutions, you could be losing time and money.


It may be difficult, however, to determine on your own what you should change. While this Encompass upgrade is especially significant due to the release of the Encompass Dynamic Data Management program, changes and modifications occur regularly at Ellie Mae. As a mortgage lender, it’s important for you to keep up with them to ensure compliance, more efficiency, and better customer service.


That’s why we’re here. As an Ellie Mae partner, Clarity Technologies can analyze your mortgage technology systems to provide you with recommendations and customized technology solutions to meet your needs.


Contact us today, and we’ll tell you much more about Ellie Mae’s latest upgrade and how we can help you make it work to your advantage.


Contact us at Clarity Technologies for more information about Ellie Mae's Encompass upgrade or for mortgage technology services.

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Clarity Technologies, Cloud Services, Form and Plugin Development

Mortgage banking is changing quickly, and it’s important for individuals in the industry to change with it – the right way.  Many mortgage bankers are struggling in this ever-changing landscape, but optimizing mortgage technology can help you keep up with the pace.


Examining your existing infrastructure expenses and negotiating new or replacement services is one step that can help you drastically lower costs. IMBs can save money and work more efficiently by implementing better technology while eliminating the technology they don’t need.


You see, you don’t have to have all the tools. What you do need to have are the tools that work best for you.


What Optimizing Mortgage Technology Might Mean for You

 

Optimizing mortgage technology could help you keep up with changes in the mortgage banking industry while saving money on technology infrastructure.Chances are that your business has been doing the same things for months, if not years. As a result, you’ve become accustomed to doing things the way they’ve always been done and are overlooking areas where you can work more efficiently in order to save time and money.


Having a mortgage technology consultant explore your systems will provide you with a fresh perspective. To help you identify areas that could be improved or unneeded options that can be eliminated, Clarity Technologies consultants will potentially examine your systems related to:

 

  • • VoIP: There have been many changes in phone systems over the past several years. If you haven’t updated yours in a while, there’s a good chance you’re using outdated systems or equipment you don’t need.

 

  • • Internet Connectivity: This is an area where you are likely spending more money than necessary. Over the years, you may have added options and tools but neglected to eliminate the ones that you are no longer using.

 

On the other hand, you could be using outdated technology that is more costly than necessary, simply because it’s more difficult to use than modern options.

 

Either way, using the right internet connectivity can help you save time and money, as well as reduce the stress associated with too much clutter in your workday.

 

  • • Disaster Recovery: Again, if you’re using outdated systems, you’re probably spending more than you have to.

 

However, if your disaster recovery systems are not up to par, it’s critical that you improve them, even if it means spending a little more for the option. It’s an expense that will pay for itself through added peace of mind and protection, as just one security breach can cost you thousands if not millions.

 

  • • Electricity: We’ll also determine how the electricity you use works with your technological systems and help you pinpoint areas where you can save money. It may be as simple as switching to LED lighting versus traditional lighting, or using wireless systems as opposed to wired systems.

 

Consider Your Options

 

So what’s the bottom line? You may be able to save 20 percent to 30 percent per month on your infrastructure expenses.

 

For now, all you would need to do is discuss this topic with one of our mortgage technology consultants. Our services for this type of analysis are completely free. Contact us today, and we’ll show you how optimizing mortgage technology can help you work more efficiently while saving money.

Contact us at Clarity Technologies for more information about this blog or for mortgage technology services.

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Clarity Technologies, Form and Plugin Development, Managed Services

When it comes to mortgage technology, it’s not so easy to determine what you need and what you don’t need. Unfortunately, many mortgage providers who use Ellie Mae’s Encompass find themselves plugging in tools they don’t need, while overlooking the ones they do. If that’s you, you need a mortgage technology consultant to point you in the right direction in order to ensure that you are using Encompass as effectively as possible.

Using Encompass Effectively

Are you using Encompass effectively?
Approximately 40 percent of all mortgage providers in the United States use Encompass, but many of them are falling short when it comes to the best ways to use it.

Because Encompass is such a highly customizable tool, it can be easy to misuse it. Some people see these customizable options and attempt to utilize them without fully understanding their purpose or the right ways to implement them. Users can therefore get themselves into some traps through bad designs and bad practices, creating inefficiencies that can lead to complications and disorganization.

Mortgage providers who do have a solid environment in Encompass, on the other hand, clearly spent a lot of time researching their options. As a result, they are better able to use Encompass to reinforce or enhance their work flow as effectively as possible.

How a Mortgage Technology Consultant can Help


A knowledgeable mortgage technology consultant can thoroughly explore your technology needs in order to bring you back into best practices. The consultant can help you eliminate unnecessary steps and tools and incorporate more effective technology solutions.

Another important reason to ask for help is because mortgage providers must be careful about what types of tools they decide to use. The best mortgage technology consultants stay on top of what’s going on in the mortgage technology world, so they can help users avoid installing tools or customized solutions that may become defunct within a couple of years, resulting in an incredible waste of money and resources.

To learn more about how to use Encompass as effectively as possible, contact us through our Clarity Technologies website or by phone at (480) 418-3428. We can help you pinpoint what you need and what you don’t, helping you improve processes while eliminating wasted time.

Contact us at Clarity Technologies for more information about this blog or for mortgage technology services.

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Form and Plugin Development

You may have heard the term “plugin” and didn’t really look further into it, thinking it’s just something that you can “plug into” your technology systems. In a sense, that’s true, but plugin development is so much more than you think.

Plugins extend far beyond Encompass and open doors for endless possibilities when it comes to applications. Customized plugins can literally transform your website from a static site to an interactive, comprehensive platform that can improve your internal processes and educate and assist your website visitors in so many ways.

Basic Plugins


Developed using languages including PHP, HTML, CSS, and JavaScript, plugins provide your websites with greater functionality.  There are tens of thousands of different types of plugins available, as well as a multitude of publishing platforms.


Following are some examples of commonly used plugins:

  • • Contact Form 7: Manages multiple contact forms
  • • Jetpack by WordPress.com: Design, security, and marketing tools
  • • WooCommerce: E-Commerce resource for sales, payment, and shipping
  • • Google XML Sitemaps: Creates XML sitemaps with a focus on search engine optimization
  • • Google Analytics for WordPress by Monster Insights: Allows you to connect your WordPress site with Google Analytics
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Going Beyond the Basics with Customized Plugin Development


Customized plugin development can transform your website into an interactive platform to assist you and your customers.While many of the readily available plugins can be very useful, an experienced developer can create plugins from scratch to meet your specific needs in the mortgage technology industry.


You don’t want plugins that someone else used. You want to be able to stand out and be uniquely you with customized functionality. In addition to improved processes, customized plugin development can contribute to the success of your overall business due to a better customer experience. Your customers don’t want to be treated like anyone else. They want personalized service with a friendly vibe, and that’s what smart technology solutions can give them.


Unless you’re a developer familiar with all these languages and tools, however, you will need assistance to create and implement these technologies. In the end, you will find that these technology solutions can help you work more efficiently and productively, especially when it comes to the mortgage industry.


Just think about all the customized functionality you can create for your website. Off the bat for inspiration, consider these ideas:

  • • Providing website visitors with real-time information about fluctuating interest rates.
  • • Implementing an interactive center to teach users about the relationship between credit history and mortgages.
  • • Having a live representative communicate with visitors to your site.
  • • Being able to track the number of visitors to your site and determine how long they were on your site in order to better identify prospects.
  • • Improving the appearance of your online payment calculator.


Truly, the possibilities are endless. These days, if you can dream it, it’s probably possible.


Contact Us at Clarity Technologies

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