Primary Capital Selects MortgageFlex’s LoanQuest for Originations

Atlanta-based lender ""Primary Capital"":http://www.primarycapital.com/ has chosen ""MortgageFlex Systems, Inc.'s"":http://www.mortgageflex.com/Default.aspx LoanQuest origination platform to replace its current system, MortgageFlex announced.

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Primary Capital selected MortgageFlex to provide a replacement loan origination system (LOS) for its retail offering and expanding wholesale operations. The lender will take advantage of the LoanQuest system's synergetic functions to drive and validate compliance.

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""We have explored all LOS options over the past three years, and finding a solution that would require minimal immediate customization was a primary goal,"" said George Phelps, executive managing director for Primary Capital. ""MortgageFlex has smart, modern technology that already operates with 95 percent of the processes we manually tailored to make our existing LOS function the way we required.""

""MortgageFlex welcomes Primary Capital to our customer family and we're gratified that LoanQuest's new technology is providing them with a foundation for change,"" said Craig Bechtle, COO of MortgageFlex.

""Lenders have peace of mind by being regulatory compliant, having data continuously updated and validated, eliminating data redundancies, reducing processing time using business rules, and automating tasks with workflow,"" Bechtle added.

MortgageFlex is headquartered in Jacksonville, Florida.