Mountlake Terrace, WA – MILA, Inc.,
the wholesale mortgage banking company, today announced its 1,000,000
broker login to AccessPoint, MILA’s online loan management and
automated underwriting engine. Launched in 2002, AccessPoint is the
only Web-based system in the industry that provides complete loan information
and tracking in real-time.
MILA’s advanced AccessPoint technology
streamlines the entire loan process by providing all necessary information
to the broker upfront
while eliminating phone tag with the lender. By using AccessPoint,
brokers are able to:
- Access loan information in real-time
- Share loan information with
their borrower, office and MILA team
- Have direct communication
with their MILA team to resolve issues
- Get documentation tied to
their loans
- Get an upfront loan commitment
- Fund loans in as little as 24 hours,
moving towards MILA’s
vision of delivering a closed loan within four hours
- Know
the status and description of every condition
- “Shop” their loan through all MILA’s loan
products and programs
- Get accurate and consistent
loan decisions every time
- Approve the best loan programs for their
borrower
- Resubmit loan applications for additional programs
“To reach
such an important milestone is proof that AccessPoint continues
to enable brokers to close more loans faster than ever before,” said
Layne Sapp, MILA CEO. “AccessPoint gives control of the loan
back to the broker and borrower.”
Since its initial launch, AccessPoint
has had a huge following. To date, AccessPoint logins average approximately
120,000 hits
per month.
Additionally,
30,000 loan officers and processors use the technology with an
additional 500 brokers being added per month.
“With AccessPoint I have access to my loan pipeline 24 hours a day,
seven days a week,” said Marge Lohr, loan processor. “The
system is so proactive that I have the information I need before
I even need
it.”
MILA offers a broad range of alternative mortgage-lending
products in 26 states and is one of the fastest growing mortgage
lenders
in the nation.
In addition to helping brokers manage their loans, MILA’s
technology provides brokers with a fast, consistent loan experience
every time.
About MILA, Inc. MILA, Inc., one of fastest growing mortgage companies in the nation offers a broad range of alternative mortgage-lending products in 26 states. MILA recently was awarded Customer Service of the Year by the Better Business Bureau for “outstanding commitment to exceptional customer service standards in relation to our customers, employees and surrounding community.” The company’s
commitment to borrowers has enabled MILA to rank among the top wholesale
lenders in the country for more than 15 years. Stability, financial
strength and the
successful implementation of business strategies give MILA the ability
to meet the challenges of the ever-changing mortgage lending
markets and to anticipate
market trends. |