E-business Blog

Apps that Help Scope Out Listed Homes for Buyers

A 2013 National Association of Realtors (NAR) and Google survey found that 68% of people looking to buy a home found themselves using one or another of today’s popular mobile apps at some time during their odyssey. 2013 was ancient history in terms of the ascendance of mobile devices, so you’d have to guess that today’s percentage must be well north of that. It’s not surprising, since Google Maps (or one of the navigation programs built into many new autos) is becoming so indispensable for locating unfamiliar addresses. Most of the time, realtors accompany clients on tours of the listed homes in town they’re interested in checking out; but there are other occasions when they do some investigating on their own. With the sheer number of apps designed to aid in...

App-based end-to-end digital mortgage solution

eLucid Lending announced the release of the eLucid™ 2.0 mortgage app for iOS. eLucid™ 2.0 app is an end-to-end digital mortgage solution that enables users to apply for and manage a mortgage with simplicity and transparency. WebFactorE developed the concept, designed the process and interface, then managed development of the app. eLucid™ 2.0 enables users to take control of their mortgage experience so they can make their best mortgage decisions. It provides a convenient dashboard that allows users to monitor key mortgage factors including credit, property values, and interest rates. Users can drill down into details such as credit history, factors affecting their credit, and recommendations for repairing credit; property valuation and tax assessments for their current or proposed home; and current interest rates for popular mortgage products, as well as...

A simple digital mortgage app for iOS and Android

WebFactorE created the eLucid mortgage app version 1.0 for iOS and Android. The native app provides home buyers shopping for a mortgage or home owners seeking to refinance an existing home with a fast, easy way to find the loan that’s right for them, submit and application, and monitor their loan’s status from start to finish - all from their mobile device. The app includes Loan Wizard™, the industry’s first mortgage product preference engine. It enables customers to get personalized product recommendations in less than a minute. The app also features the eLucid DIY mortgage application, a simplified process developed by WebFactorE for applying for a loan. Completing the shopping experience is eLucid’s exclusive loan status feature. This innovative process developed by WebFactorE connects directly to the loan origination system to...

Mobile app for realtors and mortgage brokers

WebFactorE created the eLucid RealTime™ app for its client, eLucid Lending. It is the mortgage industry's first loan status app especially for realtors and mortgage brokers. eLucid RealTime™ enables users to login to their account, view a list of their customers currently in the eLucid loan origination system, then select an individual record to view the customers current loan status in real-time. "The ability to track their customers' loan status has been at the top of the wish list for every realtor or broker we've spoken to over the past year," said Sheila Smith, Vice President of Mortgage Lending Operations at eLucid. "The eLucid RealTime™ app helps realtors keep customers on the path to closing so they can earn their commission faster." eLucid RealTime™ is a web app, so it works on...