New system gives freedom and flexibility to brokers
Filogix, a leading connectivity provider in the Canadian Mortgage Technology industry, announced that it has launched Axiom Innovations’ loan and deal origination solutions on FxLink Direct – a direct connection to Filogix’s marketplace lenders. This connection allows mortgage brokers to use Axiom’s platforms to manage their mortgage deals and seamlessly submit them straight through to Filogix’s network lenders.
All users of Axiom’s mortgage technology, including Scartlett, are now able to submit mortgage deals from their new Loan and Deal Origination System (DOS) directly to the Filogix lender network. This delivers brokers significant efficiencies, allowing them to spend more time focusing on their customers and less time managing the deal process.
“At Filogix, we are excited to offer brokers more choice in our marketplace through our connectivity solutions and to continue our long and robust relationship with Axiom.” said Tim Rye, Head of Filogix.
Axiom’s Loan and Deal Origination System allows brokers to manage their mortgage applications from anywhere, anytime and on any device. They also offer simplified document management, electronic signature and instant, integrated access to valuable client and customer data including credit bureau reports, bank statements, proof of down payment and identity verification at no additional cost.
“Axiom's relationship with Filogix goes back to 2008 when we first entered the mortgage space. At Axiom Innovations, we are very excited to further solidify our partnership with Filogix by introducing this new and cutting-edge technology. To us, great technology is not about the bells and whistles, its all about the users' experience regardless if its the consumer or the broker. Our new Loan and Deal Origination System provides the consumer with a fully digital mortgage application experience. This allows brokers to deepen their consumer relationships and build stronger and more profitable businesses.” said Joe Fakhri, President and CEO of Axiom Innovations.
As a connectivity leader in the Canadian mortgage industry, Filogix is dedicated to connecting lenders, mortgage professionals and other market participants to complete mortgage deals quickly, reliably and securely. Understanding that Canadian brokers use a multitude of platforms to manage their mortgage deals, Filogix began opening up their connectivity infrastructure in 2018 to allow front-end partner systems to submit transactions directly to their industry leading lender network.