OFG’s Oriental Bank Launches Residential Mortgage Loan Application Mobile App
September 22 2015 - 9:10AM
Business Wire
OFG Bancorp (NYSE:OFG) today announced that its Oriental Bank
subsidiary has taken another step in maintaining its innovative
edge in consumer banking with the launch of the My Status mobile
app.
MyStatus updates home buyers on every step of their mortgage
loan application from origination through closing, offering
complete transparency throughout the entire process. Customers can
check their status, receive timely communications, view pending
documents, and send/receive e-mails/texts in English or Spanish.
Once the loan is approved, customers receive details of the closing
appointment which can be put in their calendars with location links
to Google Maps. See the MyStatus video in Spanish here.
Oriental leads Puerto Rico in offering such a service,
continuing its reputation for pioneering advances, such as
FOTOdepósito, People Pay, and Cuenta Libre (Freedom Account), for
customers who want to access their accounts via mobile phone,
tablet, web, debit / credit card, or ATMs, and avoid ATM fees.
“This is a perfect example of what we mean at Oriental when we
say ‘vive la diferencia’,” said José Rafael Fernández, President
and CEO of Oriental and OFG Bancorp. “We pride ourselves on making
banking convenient and easy, anytime and anywhere.”
Over the last year, Oriental has significantly reduced the time
from originating to closing a mortgage to approximately 37 days—far
lower than actual timeframes seen in the local market.
About OFG Bancorp
Now in its 51st year in business, OFG Bancorp is a diversified
financial holding company that operates under U.S. and Puerto Rico
banking laws and regulations. Its three principal subsidiaries,
Oriental Bank, Oriental Financial Services and Oriental Insurance,
provide a full range of commercial, consumer and mortgage banking
services, as well as financial planning, trust, insurance,
investment brokerage and investment banking services, primarily in
Puerto Rico, through 51 financial centers. Investor information can
be found at www.ofgbancorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150922005205/en/
Puerto Rico:OFG BancorpAlexandra López, (787)
522-6970allopez@ofgbancorp.comorUS:Anreder &
CompanySteven Anreder, (212)
532-3232steven.anreder@anreder.comorGary Fishman, (212)
532-3232gary.fishman@anreder.com
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