MBA Home For All Pledge Partner: SimpleNexus
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)
SimpleNexus, an nCino Company, is an award-winning developer of mobile-first technology for the modern mortgage lender founded in 2011. Lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate partners, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business.
A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @simplenexus.
MBA NEWSLINK: Why did SimpleNexus sign the MBA Home for All Pledge?
CATHLEEN SCHREINER-GATES, SIMPLENEXUS: “SimpleNexus signed the MBA Home for All Pledge because we believe in the importance of diversity, equity and inclusion in housing, the workforce and beyond. The mortgage industry has the capital and authority to impact change for good by creating better opportunities for people of color to access affordable rental housing and build wealth through homeownership. With intentionality and organization, the mortgage industry can better support efforts to provide a Home for All.”
NEWSLINK: What is SimpleNexus doing to implement key provisions of the Home for All Pledge?
SCHREINER-GATES: “SimpleNexus will use its platform as a technology leader to develop tools that help lenders foster inclusivity in housing finance. Knowing that technology can play an important role in borrower engagement with the homebuying process, last year SimpleNexus launched Nexus Bilingual, a tool that makes home financing more accessible to Hispanic homebuyers by gathering initial loan information in Spanish.
“When prospective borrowers submit a Spanish-language loan inquiry, Nexus Bilingual informs them that a member of their lender’s Spanish-speaking staff will reach out to help them complete the process in English and educate them on next steps. SimpleNexus has plans to further expand mortgage accessibility to non-native English speakers by expanding Nexus Bilingual with forms in other languages.
“Additionally, SimpleNexus will continue to build out mobile-first capabilities that make applying for a mortgage even easier for families who do not have access to computers, broadband internet, scanners, printers and fax machines.”
About the MBA Home For All Pledge
MBA recognizes and values the opportunities for working together as an industry to promote inclusion in housing. We believe that these opportunities can, and need to be, significantly expanded.
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing. By signing, you are agreeing to be a champion for change in addressing the barriers to sustainable housing for persons and communities of color.
Through advocacy, partnerships, and connections within the industry, you pledge to support MBA’s efforts to ensure fair, equitable and responsible lending and affordable rental housing for minorities.
Pillars of the pledge include:
–Promote and support public policies and industry practices that advance minority homeownership and affordable rental housing;
–Support market-based solutions through MBA’s place-based CONVERGENCE programs;
–Champion Diversity, Equity and Inclusion (DEI) in our workplaces and our industry; and
–Support inclusion in single-family and/or multifamily housing with similar actions that are not listed under the above three commitments
For more information about the MBA Home For All Pledge, visit https://www.mba.org/who-we-are/the-home-for-all-pledge.