The Aspen Mortgage Group Selects Mortgage Spirit To Provide Loan Search Services

February 2, 2009

The Aspen Mortgage Group Selects Mortgage Spirit To Provide Loan Search Services

DENVER--Mortgage Spirit, a Denver-based provider of revenue management and loan search and pricing technologies for the mortgage industry, announced the Aspen, Colo.-based Aspen Mortgage Group selected Mortgage Spirit for its loan officers.

Mortgage Spirit completely automates the loan search and pricing process and gives the Aspen Mortgage Group access to its extensive database of loan products, which is used to identify virtually any loan product within seconds. The solution includes all RESPA reform considerations, maximizes the profitability of each loan and enables Aspen Mortgage Group's loan officers to better manage the origination process in order to make loans more saleable in the secondary market under the evolving, more restrictive HUD environment.

"The convenience and comprehensiveness of Mortgage Spirit dramatically speeds up any loan search and provides the most accurate and consistent options for our loan officers to offer to prospective customers," said Nathan Kneifel, vice president of the Aspen Mortgage Group.

"The Aspen Mortgage Group is leveraging our technology to gain a competitive advantage in a down market," said Joel Horn, president of Mortgage Spirit. "Our platform enables the originator's loan agents to have better control of the lending process in order to reduce the number of loans that fall out and maximize the profitability of each loan that closes."

Source: The Aspen Mortgage Group