Collaboration aims to help lenders offer mobile platform
Two technology firms have announced a partnership to develop mobile-centric mortgage lending platforms for lenders.
BeSmartee and LoanFuel’s collaboration will allow mortgage clients to initiate loan applications, upload documents, and receive updates on their application, with a consistent experience between their mobile devices and desktops.
The streamlined process includes eSigning, appraisal payments, document collection for underwriting and more.
"More and more customers want to receive data and information whenever and wherever they are. As these on-demand needs increase, partnerships like this will provide the options to meet those needs," said Arvin Sahakian, co-founder of BeSmartee. "By accommodating customer expectations for on-demand access, loans will close even faster as consumers enjoy an enhanced experience and up-to-the-minute information on their loan on their preferred device."
The partners say that lenders can make cost and efficiency savings by using the LoanFuel-created mobile apps for iOS and Android devices which integrate with BeSmartee’s loan origination platform.
"This relationship demonstrates our commitment to evolve as an organization and offer consumers, loan officers and agents a consistent experience as they move back and forth from phone to computer. Our platform, expertise and technologies complement each other and set the bar for the overall lending experience," said Michael Kelleher, president of LoanFuel.