SAN FRANCISCO, November 18, 2021 / PRNewswire / – Roostify, a leading provider of mortgage technology, has partnered with Lender Price. The partnership will integrate Lender Price’s Product Price Eligibility Engine (PPE) services into Roostify’s platform to help power two separate Roostify products.
The first, Roostify’s borrower product buying tool, allows lenders to integrate an EPI-based loan calculation and comparison shopping experience into their marketing website to generate and capture leads. . Lenders can turn these leads into loan applications and close more loans at a faster pace by allowing borrowers to assess their mortgage options in a streamlined manner.
The partnership also enhances Roostify’s loan officer product comparison and selector tool, which enables loan officers to quickly obtain information on home loan products and prices, as well as to create scenarios. any time throughout the loan process. Loan officers are able to check current rates, prices and associated estimated monthly payment, closing costs and preliminary eligibility in real time, even out of the office. The result is that more complete and actionable loans are transferred into lenders’ loan origination systems for faster and better closings, adding value to both Roostify customers and LOS partners.
Joint customers can quickly bring these capabilities to market by enabling lender pricing integration for both products through Roostify’s simple and easy-to-configure console.
“Our integration with Lender Price confirms what our products can do and what lenders need: an easy-to-implement, high-fidelity solution to execute digitally and further upstream of the mortgage process,” said the co-founder and CEO of Roostify. Rajesh bhat. “Through the secure aggregation of credit, rating and customer data, these products allow lenders to exercise more speed, control and oversight over key decisions in the mortgage application process and help lenders respond more effectively to changing borrower demand. “
“We built our API to enable mortgage technology providers to build competitive, market-leading mortgage pricing functionality. »Says Lender Price CEO Dawar alimi. “Our partnership with Roostify strengthens how Lender Price enables mortgage technology providers to easily integrate pricing into their digital strategy and create a meaningful pricing user experience for borrowers. “
This integration, along with other recently announced data services like the Roostify Document Intelligence Service, demonstrates Roostify’s commitment to creating a true data-driven home loan experience. Roostify uses the power of data to speed up the loan creation process and help lenders make the right loan decisions faster.
Situated at San Francisco, Roostify was founded in 2012 to modernize and simplify the inefficient, manual mortgage process and create a more enjoyable experience for both client and lender. Today, Roostify helps lenders process more than $ 50 billion in loans every month, from large investment banks to successful independent brokerage houses. We empower lenders to speed up and simplify the lending process to help lenders and clients unlock more of life’s great moments.
For more information, please visit www.roostify.com
About the lender’s price
The lender’s price is a CaliforniaDeveloper based on mortgage technology, including an advanced product, pricing and eligibility (PPE) engine, digital lending point of sale (POS), and non-agency automated underwriting engine. Lender Price provides all types of mortgage lenders – wholesale and correspondent lenders, banks, credit unions and mortgage brokers – with cutting-edge technology designed to eliminate friction, increase transparency and effectively interact with borrowers.
For more information visit: www.lender chauffage