Velocify Reviews & Pricing
by ICE Mortgage Technology | Founded 2004, Los Angeles, CA
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What is Velocify?
Industry Specialties: Real estate.
Velocify, now known as ICE Mortagate Technology, helps streamline the lending or property investment processes by improving efficiency, increasing ROI and ensuring a higher quality of work with full compliance. It delivers a seamless experience for customers and members from a unified dashboard. It helps in engaging customers, initiating and carrying through loan processes. It provides a secondary market for selling, offers correspondent lending and boosts productivity.
It also provides businesses with data, reporting, APIs, partner networking, business rule engine and more to help them grow.
PRICE
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COMPANY SIZE
DEPLOYMENT
PLATFORM
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Product Screenshots and Videos
Velocify Pricing
Based on our most recent analysis, Velocify pricing starts at $60 (Monthly, Quote-based).
- Price
- $$$$$
- Starting From
- $60
- Pricing Model
- Monthly, Quote-based
- Free Trial
- Yes, Request for Free
Training Resources
Velocify is supported with the following types of training:
- Documentation
- In Person
- Live Online
- Videos
- Webinars
Support
The following support services are available for Velocify:
- Phone
- Chat
- FAQ
- Forum
- Help Desk
- Knowledge Base
- Tickets
- Training
- 24/7 Live Support
Velocify Benefits and Insights
Why use Velocify?
Key differentiators & advantages of Velocify
- End-to-End eClosing: Reduces postage and courier costs with a secure and paperless exchange of documents; automatically sends uploaded documents directly into e-folders. Simplifies sending and receiving fee quotes, title reports and closing documents within the dashboard.
- Mortgage Technology Platform: Empowers lenders and dealers with a digital mortgage experience across all workflows and channels. Assists in customer and wholesale engagement originates loan production and funds loans faster.
- Opportunity Marketplace: Offers a marketplace for fueling new opportunities into the real estate ecosystem. Agents can refer and contact over 260 partners listed in the marketplace section.
- Customizable: Allows flexibility of choice with a range of configuration options for listing on every channel. Does not require coding knowledge.
- Expansive Network: Provides a network of integrated service providers that helps order services without having to leave the system of record.
- Robust API: Adapt and integrate the platform into current business systems, automating services and reducing turnaround costs.
Industry Expertise
The vendor mainly caters to clients in the real estate domain, saving them an average of $813 on every loan with an average annual ROI of 698%.E
Velocify Reviews
Based on our most recent analysis, Velocify reviews indicate a 'great' User Satisfaction Rating of 86% based on 470 user reviews from 3 recognized software review sites.
Key Features
- Customer Engagement: Allows agents to target audiences with one-on-one marketing and engaging homebuyers by identifying where they are. Prioritizes leads to drive more business, attracts borrowers faster and closes deals quickly.
- Wholesale Engagement: Optimizes the lending process by enabling lenders to engage, collaborate and connect with brokers, who in turn can stay well-informed and build better customer relations. Source broker-generated loans faster, reducing origination costs and maximizing profits.
- Loan Origination: Enables simplified processing, underwriting and closing of loans. Completely configurable, it automates manual processes and delivers a complete digital loan and mortgage experience.
- Workflow and Compliance Engine: Provides a robust product pricing model that is integrated within the system. Takes care of automating workflows, as well as the selection and pricing of loan products. Automatically monitors the loan process in compliance with security and privacy regulations.
- Selling: Leverage secondary marketing and trade management solutions along with access to a diverse marketplace of investors to sell and deliver loans more efficiently. Easily manage contracts and loans purchases; fund loans faster, producing better yields and increasing ROI.
- Purchasing: Attract, engage and sell loan purchases within the acquisition pipeline. Gain access to the industry’s largest marketplace of sellers to assist in creating better seller experiences, increasing acquisition volume and driving additional ROI.
Limitations
At the time of this review, these are the limitations according to user feedback:
- Reporting and integration features have a limited scope.
- The messaging app isn’t user-friendly.
Suite Support
mail_outlineEmail: Not mentioned.
phonePhone: (844) 327-3296.
schoolTraining: The resource section on the website offers a range of training material in the form of webinars and podcasts, an internal community, a collateral library, industry knowledge and more. Additionally, the education and certification section includes an education calendar, online self-study, mortgage training classes, NMLS approved and SAFE Act-compliant classes.
local_offerTickets: Raise tickets through the contact section on the vendor website.