SAN DIEGO, Calif., Jul 07, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision today announced the release of key updates to ReverseVision Sales Accelerator (RVSA), a web-based loan origination tool specifically designed to assist loan officers with the sale of reverse mortgages. ReverseVision will celebrate the release with a "Closed-Loan Challenge" for loan officers who convert RVSA contacts into closed loans in ReverseVision Exchange (RVX) loan origination system (LOS) on or before October 31, 2016.
The only contact management system of its kind designed specifically for the reverse mortgage industry, RVSA allows loan officers to compare loan options side-by-side and use advanced, built-in calculators to pre-qualify borrowers in seconds. RVSA also integrates directly with the database of RVX, San Diego-California-based ReverseVision's flagship product. The RVX LOS serves as a centralized exchange, connecting all participants in the lifecycle of a reverse mortgage loan by allowing them to log in to a single system to share documents and information for each part of the loan process.
The latest release of RVSA enables users to run scenarios and qualify prospects without the cumbersome steps of creating a loan pre-application, making it easier to manage active leads early in the sales cycle. Other new features give users the ability to create reminders to manage their lead and client activities and add an option for users to receive status updates when loan production milestones are achieved.
These upgrades follow several enhancements introduced to the software in June's Version 1.4 release, which added new pre-qualification calculators and contact import from Excel.
"RVSA's latest release reflects our ongoing effort to address client feedback and continually improve the software with features that make it easy for lenders to generate leads, manage their pipeline and, ultimately, close more loans," said ReverseVision Vice President of Sales and Marketing Wendy Peel.
Peel challenged current users to participate in the RVSA "Closed-Loan Challenge." The first five loan officers who convert an RVSA contact into a loan and close it via the RVX system on or before October 31, 2016, will each receive a free annual subscription to RVSA.
About ReverseVision:
Recognized as a Deloitte's 2015 Technology Fast 500(tm) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.
ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.
For more information, visit http://www.reversevision.com/.
News Source: ReverseVision Inc.
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