CoesterVMS.com, Inc., a nationwide provider of appraisal management and technology services, has integrated its Cloud Control appraisal management service into LendingQB, a provider of an innovative web-based loan origination system (LOS).
LendingQB users are now able to place and manage appraisal orders with CoesterVMS directly from the LOS interface, the company announced in a release.
In addition to the standard status update and document delivery features, the integration also incorporates LendingQB’s new Bi-Directional Messaging tool. This allows for seamless, real time communication between CVMS staff and LendingQB users, making the mortgage process more efficient.
“Lenders need the freedom to select the tools that help them close more loans quickly and efficiently,” CoesterVMS CEO Brian Coester said in the release. “LendingQB provides a commitment to seamless integration that makes it easy to deliver our cutting edge appraisal management services to lenders within the LOS workflow.”
LendingQB’s LOS is a web-based system that provides lenders a flexible, innovative workflow. Its open-architecture application protocol interface (API) enables lenders to select the tools, such as CVMS, that best help their efficiency, the release said.
“Lenders today are under pressure to deliver loans to the closing table on an ever-shortening timeline,” LendingQB President Tim Nguyen said. “The integration with CVMS provides just one more option for lenders to select the best path to finalizing appraisals and closing the loan.”