LoanQuest Makes Lending Easier for Greystone

Versatile LOS Meets Lender’s Evolving Needs

 

Jacksonville, Fla. (01/08/08) - MortgageFlex Systems Inc., announced today that Greystone MultiUnit LLC, NYC, has implemented the LoanQuest Residential Lending System in support of their activities in connection with the arranging for commercial loans.

 

Greystone MultiUnit LLC, an affiliate of Greystone & Co., Inc., facilitates mortgage financing for mixed-use properties, small multifamily buildings and small commercial properties.   Greystone & Co., Inc. is a fast-growing financial services and private investment company with staff and offices across the country.

 

“We needed an LOS that not only supported our diverse requirements but also could be implemented in a short timeframe, with customizations ready to go,” said Marc Katz, COO of Greystone MultiUnit LLC. 

 

LoanQuest has extensive customization capabilities that allowed Greystone MultiUnit LLC to add fields and screens in-house without incurring additional fees. There are several options to customize the LoanQuest system, the Dyna Fields feature allows users to move, copy, hide, or place rules on any field in the system.  Scripting allows advanced users to make extensions to the source code, essentially customizing the system on their own

 

“LoanQuest enables us to change the system as our products demand,” Katz continued. “I was familiar with the LoanQuest system and their team from a prior position and felt comfortable that they were a good choice for Greystone.”

 

Lester Dominick, CEO & founder, MortgageFlex Systems, said his company’s clients “have found that starting with a fully functional system requires far less work to achieve the appropriate level of best fit needed for differing lines of business. Our strategy is to provide mortgage lenders an integrated system that is easy –to-use and that reduces the net cost to produce loans.” He said further, “We continue to experience growth due to this simple philosophy and our commitment to our clients.”

 

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About Greystone MultiUnit LLC

www.greyco.com