Case Study: Maxwell achieves 45% faster mortgage closings with Box Platform

Maxwell Closing loans 45% faster with centralized content in the cloud

Maxwell Financial Labs set out to modernize a slow, paper-heavy mortgage industry. Faced with typical loan files exceeding 500 pages, nearly 50-day turnaround times, and growing federal regulation, the 128-person company needed a secure, user-friendly way to centralize and streamline document-heavy workflows for loan officers and borrowers.

Building on the Box Platform, Maxwell created a cloud-native, paper-free application that integrates with thousands of financial institutions to electronically capture W-2s, paystubs, bank statements and more while enforcing strict permissions and compliance. The result: loans close 45% faster than the national average, the platform has powered over $60 billion in transactions, and loan officers are about two-thirds more efficient, delivering a faster, safer experience for clients.

Maxwell

John Paasonen

CEO and Co-Founder