BOK Financial Enjoys Access To Roostify Platform

Tulsa-based regional financial services company, BOK Financial, has partnered with digital lending platform provider, Roostify, to allow loan officers to process loans more easily. The platform allows customers to start an application, provide documentation and follow their loan’s progress online.

“The technology investment complements BOK Financial’s increase in purchase loan production across the company’s eight-state retail footprint as well as the consumer direct channel over the past year. The bank is leveraging Roostify’s dynamic technology to deliver a unique offering to both the employee and customer in the different markets and channels. This will affirm our commitment to the implementation of a streamlined digital experience for our customers” – BOK Financial Mortgage President, Glenn Brunker.

Roostify , a USAA-backed startup, has raised $33M since its inception in 2012. Last year, it collaborated with Chase to launch a digital, self-service mortgage platform. “This platform will allow us to be where more of our customers are, which is online and on their phones, while still offering the option to work with us in person if they prefer” – Chase Mortgage CEO, Mike Weinbach. The result – a 15% reduction in the time it takes to refinance a loan.

Bottom Line: $5.5B in loans were processed through the Roostify platform in March 2018 .