NMP - April 2017 - 13

"Ultimately, the industry is
progressing and becoming
increasingly focused on
technology," said Brian Coester,
CEO of CVMS. "We want to be
the one leading the way for our
clients and this is the first of
many steps in achieving that
objective."
Ridgewood Savings Bank
Announces New Flexible
Homebuying Option

Guild Mortgage has launched
MyMortgage, a digital mortgage
portal aimed at combining a
paperless loan application with a
personalized mortgage
experience. MyMortgage allows
customers to upload documents
and manage their checklists from
any mobile device, simplifying
the process from application to
close.
Guild's experts worked with
Roostify, a secure, cloud-based
technology platform, to create a
more intuitive and streamlined

borrowers to submit income and
asset information electronically
and eliminating the need to fax,
e-mail or deliver hard copies. The
platform gives Guild borrowers
an easy-to-follow online
application with checklists
tailored to each borrower. It
enables retrieval of needed
income and asset documentation
directly from the source, while
also allowing for the exchange
and execution of transaction
documents. MyMortgage
facilitates communication,
continued on page 18

13

n National Mortgage Professional Magazine n APRIL 2017

Guild Mortgage
Launches MyMortgage

Ann McGarry, Guild's president
and CEO. "A mortgage is such a
personal transaction. Beyond the
use of technology to make the
loan process more efficient, we
will continue to assist our
borrowers with real people-
experts dedicated to helping
borrowers through what is often
the biggest transaction of their
lives."
Designed with customer
convenience in mind, the
MyMortgage digital mortgage
introduces an easier, more
efficient process for completing a
loan application, allowing

NationalMortgageProfessional.com

Ridgewood Savings Bank has
announced a new flexible
homebuying option for both firsttime and repeat homebuyers.
Ideal for those who cannot afford
a large downpayment, this
product offers no application fee
and features up to 97 percent
financing for single-family homes,
condos and co-op properties,
and up to 95 percent financing
for multi-family homes.
In addition to these features,
non-traditional financing can be
applied to the downpayment and
to closing costs.
"This unique program adds
flexibility for young homebuyers
where disposable income and
limited earning levels may not
meet traditional requirements
making buying a home more
achievable," said Anthony
Simeone, EVP and chief lending
officer for Ridgewood Savings
Bank.
Leonard Stekol, Ridgewood
Savings Bank's president and
COO, said, "This new affordable
lending program is a great option
for many of the communities we
serve. It inspires homebuyers to
be a part of the community they
love and to enjoy the value of
homeownership."

mortgage process for lenders,
agents and homebuyers.
MyMortgage is fully integrated
with the company's proprietary
systems, allowing for faster and
more accurate analysis and
recommendation of the right
loan for the borrower. This
advanced technology enhances
Guild's culture of customer
service excellence that has
distinguished the company for
more than 50 years.
"MyMortgage is a state-ofthe-art digital mortgage
experience for the consumers of
2020 and beyond," said Mary


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Table of Contents for the Digital Edition of NMP - April 2017

Contents
NMP - April 2017 - Cover1
NMP - April 2017 - Cover2
NMP - April 2017 - 1
NMP - April 2017 - Contents
NMP - April 2017 - 3
NMP - April 2017 - 4
NMP - April 2017 - 5
NMP - April 2017 - 6
NMP - April 2017 - 7
NMP - April 2017 - 8
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NMP - April 2017 - Cover3
NMP - April 2017 - Cover4
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