Sthenia Solutions has seen rapid and widespread interest and adoption of its LoanMarq software, unveiled in December. A Web 2.0 framework for service-oriented collaboration, workflow, productivity and process management, this easy to use software brings borrowers, lenders, loan officers, appraisers, agents, title and escrow officers together in a simple web-based community. LoanMarq streamlines the real estate loan process by tracking progress from origination, processing, underwriting, to closing, and increases transparency and accountability for the consumer and associated industry professionals.
Nationwide users of Sthenia Solutions' LoanMarq software, a web-based loan management app, have found that they can close more loans in less time, and decrease the expense involved in facilitating the transaction, as well as let their borrowers have full insight into the progress of their loan in real time. LoanMarq's unique approach enables greater organization and less follow up within a transaction, allowing for more time with the consumer and less time chasing down documents and deadlines.
According to Marvin Peek, president of Mortgage Solutions, he has seen more loan applications come through his office than ever before. "In an environment like this everything has to happen perfectly, and using LoanMarq, it did. It tracked all of the documents, milestones and events so we could close multiple loans with fewer resources than we are used to and our borrowers were able to track the progress along the way."
"The ways loan officers are using new technology to enhance client service, speed up closings and help educate the consumer is game-changing for mortgage pros," said Sthenia Solutions CEO Paul Piers. "We are seeing a 'perfect storm' of technical advances in software and web-based services, plus a time when the mortgage industry has never been more in need of improving their productivity and efficiency."
Piers' further thoughts on service levels in the industry are available on his blog here http://www.loanmarq.com/benchmarq/

LoanMarq is a web-based loan processing and customer service application that enables collaboration among all participants in the mortgage loan transaction. LoanMarq decreases the expense involved in facilitating mortgage transactions and enables mortgage professionals to close more loans in the same or less time by automating the process with productivity-enhancing efficiency, improved accountability, and automatic loan status updates that eliminate document ordering and tracking via phone, email, or fax. LoanMarq takes customer service in the mortgage and real estate industry to a level once thought impossible to achieve and is poised to become the new industry 'benchmarq.' There is also a no risk 30 day trial with no contract to sign and you can always cancel at anytime.

About Sthenia
Sthenia means "Unusually Powerful," thus Sthenia Solutions is an unusually powerful software development firm making their clients more efficient and most profitable through streamlined processes and cutting edge software solutions. Their line of products drives industry to a new level of seamless operation. Sthenia is delivering innovative Web 2.0 service-oriented collaboration, workflow, productivity and process management tools. Sthenia was founded in 2008 and is headquartered in Knoxville, Tenn. For more information about LoanMarq visit www.sthenia.com or www.loanmarq.com. Tags: