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SimpleNexus unveils Nexus Pay with in-app payment capabilities

Friday 15 October 2021 15:10 CET | News

US-based digital mortgage platform SimpleNexus has announced its upcoming Nexus Pay feature for mortgage loan applicants. 

According to the company, Nexus Pay gives mortgage loan applicants the ability to pay for any mortgage-related charges. Payments such as appraisal fees, credit checks, first month's payment, and more can be fulfilled in the same mobile hub borrowers use to receive loan status updates, eSign documents, collaborate with loan officers and Realtors, and complete other loan-related tasks.

Loan applicants can submit payments via credit card or ACH within the SimpleNexus app without human assistance. The company states that this will accelerate the delivery of payments and creating process efficiencies for mortgage lenders.

In-app push notifications alert applicants when they need to complete a payment task, and lenders can use the SimpleNexus admin portal to track payment history; view payment status on the borrower's loan details page; and edit, void, or refund payments if necessary.

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Keywords: product launch, payment processing, ACH, lending
Categories: Payments & Commerce | Online Payments
Countries: United States
This article is part of category

Payments & Commerce