Cloudvirga
Cloudvirga provides a comprehensive suite of digital mortgage solutions designed for various financial institutions, featuring mobile optimization, integrated e-Verification, and real-time pricing to streamline the loan origination process.
Digital Mortgage Solutions
Cloudvirga offers a comprehensive suite of digital mortgage solutions aimed at simplifying and streamlining the lending process. Their offerings include Horizon Retail Lending, Horizon Wholesale, and Horizon Home Equity. Each solution is designed to cater to specific needs of various lending sectors, ensuring a tailored approach to digital mortgage processing.
Mortgage Software for Depository Banks, Mortgage Banks, Lenders, Credit Unions
Cloudvirga provides specialized solutions for a wide range of financial institutions. These include depository banks, independent mortgage banks, wholesale lenders, and credit unions. By addressing the unique needs of each sector, Cloudvirga ensures that its digital mortgage solutions are flexible and effective for a variety of business models.
Mobile-Optimized Mortgage Platform
Designed for accessibility and ease of use, Cloudvirga's platform is mobile-optimized to provide seamless access across all devices. This ensures that users can manage their mortgage processes conveniently from smartphones, tablets, or desktops, enhancing operational efficiency and user satisfaction.
e-Verification Suite
Cloudvirga features an integrated e-Verification suite that facilitates the loan origination process by verifying critical information such as income, employment, and assets. This streamlined approach reduces paperwork and accelerates the verification process, contributing to a more efficient lending workflow.
SOC2 Type II Certification
Ensuring the highest level of data security and compliance, Cloudvirga maintains a SOC2 Type II certification. This certification underscores Cloudvirga's commitment to protecting sensitive information and maintaining rigorous standards in data management and security protocols.
Real-Time Pricing and Fees Platform
Cloudvirga utilizes a real-time pricing and fees platform to ensure accurate loan disclosures. This feature allows lenders to provide precise and transparent information to borrowers, which is crucial for maintaining trust and compliance in the mortgage process.
Customizable Originator Dashboard
The platform includes a customizable originator dashboard that provides real-time updates for pipeline tracking and loan status. This feature allows originators to manage their workloads more effectively by having instant access to critical loan information and status updates.
Automated Loan Calculations
Cloudvirga offers automated program-specific calculations for loans, including VA Funding Fees and FHA UFMIP. This automation helps to eliminate errors and ensures accuracy in loan calculations, making the process more reliable for both lenders and borrowers.
Stewart Family Integration
In 2021, Cloudvirga joined the Stewart family, a move that has enhanced its product offerings across the mortgage lifecycle. This partnership has provided Cloudvirga with additional resources and capabilities to further innovate and improve its services.
PROGRESS in Lending 2024 Innovations Award
Cloudvirga was recognized with the 2024 Innovations Award by PROGRESS in Lending for its partnership with Fannie Mae's Desktop Underwriter. This acknowledgment highlights Cloudvirga's commitment to innovation and excellence in the digital mortgage sector.
