Over the last four years, people have dreamed of digitizing the mortgage process. As more online loan origination fintech disruptors have emerged over the last year, the mortgage industry has been put on notice, and their effect on the market is obvious.

At Mortech, we live by a set of core values, one of which is “Move Fast, Think Big”. Over the last year, my peers at Mortech and I have been working with some of the brightest minds in the industry that are moving fast and thinking big, by creating a better user experience for borrowers. 

In the last five years, lenders have realized that if they want to compete on price rather than just being able to offer a product to their customers, they need to work with more lenders to get better rates. This movement has led to most lenders investing in a product and pricing engine to manage their rate sheets so they don't have to worry about the tedious and time-consuming work of comparing rate sheets, and making sure the rate offered to the borrower is correct. Now that lenders have this technology, what is the next step?

There are so many verticals in the Mortgage Origination process, and startups in this increasingly tech-savvy industry are abundant. With the growing number of fintech companies in the mortgage space, lenders have endless choices for website providers, loan origination systems, and mortgage applications, among other platforms. These variety of integrations leads me to wonder, how did we survive without developer APIs to integrate this data, and partner integrations with which to deliver solutions to lenders on these platforms?