Firm's loan officers will spend less time on paperwork
Regional mortgage lender BOK Financial has implemented technology from Roostify to streamline the application process.
It means that BOK’s loan officers spend less time processing paper documents or making phone calls.
“The technology investment complements BOK Financial’s increase in purchase loan production across the company’s eight-state retail footprint as well as the consumer direct channel over the past year,” said BOK Financial Mortgage President Glenn Brunker. “The bank is leveraging Roostify’s dynamic technology to deliver a unique offering to both the employee and customer in the different markets and channels. This will affirm our commitment to the implementation of a streamlined digital experience for our customers.”
BOK is a top 25, $33 billion regional financial services company based in Tulsa, Oklahoma.
It joins several other prominent lenders in leading the transition to a digital-first home buying process, reflecting a larger industry trend towards Internet-based mortgage experiences.
“The home lending industry is evolving and embracing new technology that today’s consumer demands – an online experience with complete transparency,” said Rajesh Bhat, CEO and Co-Founder, Roostify. “This gives BOK Financial’s loan officers the opportunity to better manage an already complicated task of juggling financial documents and progress notifications between multiple parties. Home buyers benefit from a better experience from application to closing.”
