MCLEAN, Va., September 25, 2017 – VirPack, a leading provider of document management, imaging and delivery solutions to the mortgage banking and financial services industries, announced today that Philadelphia Mortgage Advisors has deployed VirPack’s Document Management and Delivery System (DMDS).
Founded in 2007 and based in Plymouth Meeting, PA, Philadelphia Mortgage Advisors (PMA) is an independent mortgage lender licensed in Pennsylvania, New Jersey, Delaware and Florida. After facing challenges with their current document management solution and learning that it was being sunsetted, PMA began evaluating document management and imaging vendors that could provide an interface with its LOS, customizable workflow, integrated one-click electronic loan delivery, and a borrower facing solution that would enhance its relationship-driven customer service approach. PMA selected VirPack’s DMDS and Borrower Portal not only because they met the specific criteria set forth by their management team, but also because VirPack’s preconfigured configuration methodology enabled them to get up and running quickly in time for the busy spring and summer home buying season.
“Due to our growth and other high priority projects, our staff had limited time and resources to implement a new document management solution,” said Jill Quinn, chief operating officer at PMA. “We selected VirPack for their proven experience, advanced technology and preconfigured methodology that is based on industry best practices. The operational efficiency gains that DMDS has provided enabled us to manage increased loan volume with existing staff and generated immediate ROI.”
“We are pleased that PMA was able take advantage of VirPack’s industry experience and preconfigured DMDS configuration at a critical time in its growth and when its current vendor was discontinuing its offering,” said Cy Brinn, president of VirPack. “It’s another great example of VirPack’s investment and commitment to providing comprehensive document management solutions that increase productivity and reduce costs.”
About PMA Philadelphia Mortgage Advisors is an independent mortgage lender licensed in Pennsylvania, New Jersey, Delaware and Florida. At Philadelphia Mortgage Advisors we believe – and recent history has shown – that in the banking and mortgage industry, bigger is not always better. We are a group of mortgage professionals that have combined our experience and commitment to excellence to form a company that strives to provide only the best solutions and service to each and every client. You can trust us to ensure that you will receive the highest level of service from application to settlement. Our success is based on two things: our exceptional staff of mortgage professionals and our innovative thinking. From the support of our mortgage advisors and highly-experienced staff to our access to a wide variety of mortgage programs, our approach to customer service and support is unmatched in the industry.
About VirPack VirPack is a leading provider of document management, imaging and delivery solutions to the mortgage banking and financial services industries. Founded in 1998, VirPack has pioneered many industry firsts, such as the first electronic investor loan delivery in 2004. Today, the VirPack Document Management and Delivery System (DMDS) and VirPack Partner Network support more than 80 deliveries to investors and service providers in the mortgage industry. VirPack’s suite of solutions increase operational efficiency, help ensure compliance and provide significant enterprise cost savings.