Strategic tie-up will give lenders an enhanced offering
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Two mortgage tech firms have announced a strategic partnership to offer an enhanced digital mortgage solution.
Zillow-owned Mortech’s product and pricing engine (PPE) and Roostify’s digital lending platform used by many leading lenders including tier-1 banks and large independent mortgage banks, will work together to enable secure access to a lender’s portfolio of investors and custom pricing configurations for eligible products.
It will mean increased mortgage rate quote accuracy for borrowers along with enhanced pricing structures for lenders.
“This partnership aligns perfectly as many of our top lender customers use Mortech as their trusted pricing solution,” said Mark McLaughlin, SVP of Business Development, Roostify. “By integrating accurate mortgage quotes into the Roostify platform, lenders will deliver on consumer expectations and see higher engagement with faster loan closing timeframes.”
More to come?
Doug Foral, General Manager of Mortech added that there will be more colloraborative solutions between the two firms in the future.
“This is the first step in our partnership to provide mortgage lenders the tools needed to deliver efficient and accurate rate data during the loan application process,” he said. “We look forward to building additional robust integrations with Roostify that leverage both of our core technologies and are excited to onboard our industry-leading mutual customers who will benefit from a more accurate digital borrower experience.”
