Partnership enables borrowers to complete a mortgage application in minutes and allows lenders to provide real-time, accurate rate quotes.
LINCOLN, Neb.—March 21, 2017 — Mortech®, a Zillow Group business providing mortgage technology solutions for mortgage bankers and secondary market teams, today announced a new integration between Mortech’s product and pricing engine (PPE) and BeSmartee, an automated online Smart Mortgage solution. The new partnership provides lenders with a smart mortgage solution to streamline their origination, rate pricing, underwriting, and closing processes.
With this integration, lenders will have access to an end to end solution to capture mortgage shoppers looking for an intuitive and convenient online mortgage experience. Using any smartphone or desktop device, BeSmartee’s Smart Mortgage solution allows lenders to offer borrowers a self-service interface to complete the mortgage origination process. Mortech’s Marksman® can automatically route borrower leads from consumer direct marketing websites such as Zillow®, Bankrate®, LendingTree®, and QuinStreet® directly into the Smart Mortgage platform. Mortech’s integrated pricing engine helps lenders to ensure customers receive accurate mortgage rate quotes and facilitates lenders automatic best execution from their portfolio of investor pricing.
“Today’s borrowers expect convenient access to a combination of robust online self-service tools and professional support when shopping for their mortgage,” said Doug Foral, general manager at Mortech. “Using Mortech’s extensive application program interfaces (APIs), partners like BeSmartee can leverage our accurate mortgage pricing and investor data to streamline direct rate quotes to borrowers and automate back-end lender operations, allowing lenders’ to focus providing exceptional service to borrowers.”
“Online mortgage shoppers want accurate real-time information and responses from professionals during the buying process,” said Arvin Sahakian, co-founder at BeSmartee. “Technology solutions that enable lenders to engage borrowers and automate information delivery, while delivering an automated application process, are essential for competing in today’s shifting online environment. Having accurate pricing automation, combined with loan origination automation, can be tremendously advantageous, allowing a lender to move quickly to provide accurate, up to date and customized loan product information for any borrower, thereby delivering an exceptional user experience.”
Mortech® supplies thousands of mortgage professionals with a number of services and tools, such as all-in-one pricing, rate notification, prospect management tools, custom rate sheets, loan product eligibility and guideline services. Founded in 1987, Mortech is based in Lincoln, Neb. and is owned and operated by Zillow Group, Inc. (NASDAQ:Z and ZG).
Zillow, Mortech and Marksman are registered trademarks of Zillow, Inc.
For more information visit: http://www.mortech.com/
BeSmartee develops automated mortgage origination software they private label and license to lenders. By utilizing artificial intelligence, BeSmartee’s process enables lenders to take their borrowers from the initial contact into underwriting in 20 minutes with a complete loan application, credit report, income/asset documents, eSigned/eDelivered disclosures and paid appraisal. Founded in 2007 with headquarters in Huntington Beach, Calif., the BeSmartee team has worked on the front and back-end of mortgage originations for over a decade, applying their knowledge to develop a truly unrivaled user experience, with an array of tools and features catering to the specific needs of lenders and their customers. To learn more, please contact Arvin Sahakian, Co-Founder at firstname.lastname@example.org
Contact: Katie Sheridan
402-441-4647 ext. 83561