Promontory MortgagePath LLC Select Member
Promontory MortgagePath (PMP) combines a collaborative digital-mortgage platform with comprehensive fulfillment services, giving banks the technology and scalability required to compete in today’s market. With PMP’s solutions, banks can efficiently scale their mortgage operations whatever their current model. From models designed to introduce mortgage technology and boost processing power to complete solutions including licensed loan coordinators, lenders benefit from a full range of mortgage products and a scalable business model without the overhead or risk. With PMP’s standard solution, lenders field their own loan officers to co-pilot the application process and collaborate with their borrowers via PMP's proprietary point-of-sale technology. PMP then processes and underwrites each loan using client-provided business rules and closes in the bank’s name. White-label branding allows lenders to offer their customers a consistent experience across any device, and PMP’s seasoned operations professionals function as extensions of the lender team. Lenders get the benefit of customized, cutting-edge technology and full-time fulfillment staff without the overhead and fixed costs.