US-based regional bank holding company Glacier Bancorp has launched digital mortgage solution to accelerate lending processes.
Powered by Roostify, the new digital mortgage solution platform will enable the bank to streamline lending services improving ease of use and accessibility.
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The ADA-compliant platform will enable all Glacier customers to avail the home loan services offered by the bank.
Glacier Bancorp senior vice-president of corporate real estate manager said: “When looking at digital mortgage solutions, we wanted a partner that could accommodate our unique needs and provide us with a superior experience for our customers.
“Our initial roll out was completed in under 60 days and we have already seen a significant increase in online applications in the short time we have deployed the Roostify platform.”
With 164 branch offices, Glacier Bancorp holds total assets of nearly $11.9bn and shareholder equity of $1.5bn. The company has branches in Montana, Idaho, Arizona, Colorado, Utah, Washington and Wyoming.
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By GlobalDataRoostify chief customer officer Syed Ijaz said: “Glacier Bank strives to meet the unique demands of their customers and as a result benefits from an increase in customer satisfaction and in loan production.”
Roostify is engaged in providing digital solutions to the financial industry to facilitate lending services. It is said to process more than $8bn in loans every month.
Last year, the company integrated its online mortgage platform with online loan marketplace LendingTree.
The integration will enable the customers to find and avail loans online.
