SimpleNexus, developer of a homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has launched Nexus Pay, a tool powered by Global Payments. 

The company says the new offering enables mortgage loan applicants to seamlessly 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.

Nexus Pay makes it easy for loan applicants to submit payments via credit card or ACH within the SimpleNexus app without human assistance. 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.

“With Nexus Pay, we’ve removed the friction that often occurs when payments are required in the mortgage workflow, making it easier and quicker for borrowers to pay — and lenders to receive — those payments,” said Shane Westra, SimpleNexus chief product officer.

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