Financial News

Kings Mortgage Services Adds eClosing and Business Intelligence Solutions from SimpleNexus

LEHI, Utah, Oct. 13, 2022 (GLOBE NEWSWIRE) -- SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the expansion of its longstanding technology partnership with Visalia, California-based Kings Mortgage Services. A SimpleNexus customer for the better part of a decade, the lender will streamline business operations and enhance its customer experience with the introduction of the Nexus Vision™ business intelligence (BI) suite and Nexus Closing™ eClosing solution.

Kings Mortgage Services is a full-service, correspondent mortgage banker with 20 registered loan originators (LOs) and five branch offices in central California. An early adopter of SimpleNexus’ mobile lead engagement toolset, Nexus Engagement™, and from-anywhere point-of-sale product, Nexus Origination™, the lender’s implementation of Nexus Closing will give borrowers an end-to-end digital homebuying experience from initial home search to closing.

“Because we strive to provide a home financing experience that earns clients for life, we take great pride in the fact that repeat customers and referrals are the main drivers of our success,” said Pam Raeber, president and co-founder of Kings Mortgage Services. “SimpleNexus has been instrumental in helping our organization streamline mortgage processes, market our services and partner more effectively with real estate professionals while providing a modern home loan experience that exceeds the expectations of customers in an increasingly paperless world.”

Nexus Vision’s turnkey data analytics will help Kings Mortgage Services make data-driven decisions that maximize performance and profitability. The cloud-based BI platform offers at-a-glance insights and detailed drill-downs across six highly customizable modules: Leads & Products, Pipeline, Production, Performance, Historical Trends and Financials.

“Nexus Vision provides immediate access to the real-time information we need to make informed decisions— no more running reports from the loan origination system,” Raeber said. “The role-based scorecards are an especially powerful tool for comparing branch and individual performance with respect to production, turn times, quality and profitability. Those are metrics that matter in any market.”

“As mortgage processes and consumer preferences evolve, SimpleNexus enables lenders to advance with them,” said Ben Miller, CEO of SimpleNexus. “By giving LOs, borrowers and real estate professionals a user-friendly platform to collaborate from anywhere, SimpleNexus helps Kings Mortgage provide its customers with a more efficient and reliable home financing experience.”

About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @SimpleNexus.

Media Contacts
Leslie Colley
DepthPR for SimpleNexus
+1 678.622.6229
leslie@depthpr.com

David Bolin
SimpleNexus
+1 414.688.6077
dbolin@simplenexus.com

Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.


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