ARIVE Launches Non-Delegated Pilot ProgramPosted on May 20, 2021
For Immediate Release
Rollout of Non-Del features brings additional capabilities to industry-leading mortgage platform
San Ramon, CA, May 20, 2021 – ARIVE announced today that it is launching an initial 90-day Pilot Phase of its Non-Del Program, starting June 15, and enrolling approved Non-Del correspondents as Pilot Phase participants. Non-Del functionality is anticipated to be broadly available following the Pilot Phase.
“This exciting capability is something many in the Non-Del community have been looking forward to,” noted ARIVE CEO, Harish Tejwani, “and we’ve been working hard to take this next step in our platform capabilities.”
Non-Del Pilot Phase
The Non-Del Pilot Phase will initially include the following features:
- MERS Min Generation to support MERS registrations
- Non-Del integrated pricing with ARIVE Integrated Lenders
- Business Rules capability to broker specific loans (e.g., FHA)
- Updated Fees Worksheet for Non-Del
- Call Reports support for Non-Del
- Dynamic Margin/Holdback Management
During the 90-day Pilot Phase, additional capabilities will continue to be developed for launch later this year, including:
- Lock Desk Automation Workflows
- Disclosures generation with e-Sign from a Doc Vendor Partner
ARIVE Non-Del Pricing
Non-Del pricing for the Pilot Phase will be $99.95/month for Loan Officers and $49.95/month for Assistants and Processors who are not the primary originator. After the Pilot Phase, an Annual Contract will be required at the same price. ARIVE has no current plans to charge closed loan or application fees.
A one-time setup and implementation fee will be charged to new Non-Del’s starting Q4 2021. However, setup and implementation fees will be waived for Non-Del’s who join the initial Pilot Phase.
How to Join the Pilot Phase?
Participation in the Non-Del Pilot Phase will be by approval only. Please contact firstname.lastname@example.org to request participation in the Pilot Phase and we will review your specific situation and schedule call. At this time, please note that only full shops will be considered for the Pilot Phase, with all users placed at the Non-Del pricing (i.e., no individual Non-Del originators within a Brokerage).
ARIVE was established in late 2018 to revolutionize the independent mortgage broker community and provides a full-stack industry leading digital mortgage TPO platform. In late 2020 LendWize (Wizni, Inc.) acquired ARIVE and now ARIVE operates as a wholly-owned subsidiary of LendWize. For more information and sign-up, visit https://support.arive.com