Mortech’s integration with Daric provides an online origination solution that integrates seamlessly with your Loan Origination System, providing borrowers with a streamlined user experience when applying for a loan. Deployable across mobile, tablet, and desktop channels, this integration utilizes live pricing data from Mortech’s mortgage pricing engine, enabling loan officers to do more relationship building and origination, and less filling out forms.
The Daric application is a web-based tool, that includes a variety of different mortgage tools and templates that can be deployed when creating your borrower experience. The different types of offers and loan types you choose to show, can be displayed with the general look and feel that you want to create for the borrower. The application can also integrate with your Loan Origination System, sending all data and documentation gathered in the portal directly to your LOS. Users can also post leads from Mortech’s system, where leads are being gathered from a number of aggregators, like Zillow.
However, one of the key differentiating aspects of the Daric platform is the ability to ask only the questions that are geared towards maximizing the likelihood of a conversion based off historic and analytical data. The Daric tool integrates with over 150 different data sources to verify information like employment, income and other documentation in real time. This verification process can be activated with one-simple step, and then generates an authorization form. Once the user signs the form, signature application and verification can be done in real-time.
Once the application is completed and verified, it can be automatically transferred to your LOS. You may then provide some preliminary fee estimates and information on what exactly the borrower signed up for, and the borrower portal is updated to allow for other functionality, including the signing of loan estimates and disclosures whenever the borrower is ready.
By utilizing the Daric application’s customization and integration capabilities, you not only create the best online application experience for borrowers, but can save yourself time and improve your lead conversion. With Daric, lenders have saved an average of 163 minutes per processed application, and improved lead conversion by 15.2%.
To find out more about Mortech’s integration with Daric and how it can improve your borrowers’ experience, save you time, and increase your conversion, contract us today for a free demo at email@example.com, or by calling 855.298.9327.