Oklahoma-based financial services company BOK Financial has formed a partnership with digital lending platform Roostify in an attempt to facilitate mortgage process.
The digital platform enables the customers to apply, submit documentation and follow the subsequent progress online.
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Besides enabling to send and received loan documents, the customers can also involve other relevant parties in the procedure including real estate agent.
Furthermore, the platform also provides timely loan status updates to the customers to ensure complete clarity throughout the process.
BOK Financial president of mortgage Glenn Brunker said: “The technology investment complements BOK Financial’s increase in purchase loan production across the company’s eight-state retail footprint as well as the consumer direct channel over the past year.
“The bank is leveraging Roostify’s dynamic technology to deliver a unique offering to both the employee and customer in the different markets and channels. This will affirm our commitment to the implementation of a streamlined digital experience for our customers.”
Based in Tulsa, Oklahoma, BOK Financial is a $33bn regional financial services company which offers commercial and consumer banking, investment and trust services, mortgage origination and servicing as well as other related services through its subsidiaries.
