FOR IMMEDIATE RELEASE
Coastal States Mortgage Selects Affordit Platform
to Enhance Loan Origination Software
TAMPA FLORIDA, JULY 29, 2020 –Tampa’s hottest financial technology (fintech) startup added another new client to its Early Adopter Program. Coastal States Mortgage, which has multiple retail locations in Georgia and South Carolina, will integrate the Affordit algorithm and platform into their existing Loan Origination Software (LOS). This patent-pending Affordit technology will enable loan officers at all Coastal States Mortgage locations to optimize a customer’s financial wellness and better assist customers in securing the capital they need.
“At Coastal States Mortgage we are always seeking opportunities to create a superior customer experience. We are very pleased to be working with Affordit, and we believe their systems will enable us to consistently match our clients with the best possible financing programs for their individual needs,” said Ric Spiehs President of Coastal States Mortgage.
Affordit’s Wallet Genie technology integrates into the financial institution’s LOS and produces the Affordit Solution Based Outcome™Report. As a result, Coastal States Mortgage loan officers will be able to automatically generate specific actions to improve a customer’s financial wellness, all produced in seconds with no additional data entry requirements. For customers, this provides additional options to identify the best financing opportunities for their needs.
“Coastal States Mortgage is committed to continuously strengthening its customer relationships, which is part of what has made them so successful. Affordit’s technology advances this mission because it is similarly client-focused with individualized reports to help obtain financing,” Affordit CEO and Founder Kevin O’Brien said. “We look forward to working with the Coastal States Mortgage team to further enhance their lending portfolio by improving their customers’ experience and financial wellness.”
The Affordit Early Adopter Program provides Coastal States Mortgage with introductory rates to utilize the Affordit technology and will include case studies documenting client and business development opportunities created by the Solution Based Outcome Report for Coastal States Mortgage.
Since it was founded in 2018, Affordit has experienced rapid growth with several additional credit unions and mortgages in the final stages of similar agreements.
Founded in 2018, Affordit makes lending more transparent and solution focused so people can better their lives financially. The patent-pending technology easily connects to existing loan origination platforms and analyzes credit to provide actionable solutions to optimize the customer’s credit profile.
Learn more at Affordit.com.