The integration also cuts costs and accelerates closings
Arch Mortgage Insurance Company (Arch MI) has integrated its MI pricing product RateStar with multi-platform tech company BeSmartee’s point-of-sale (POS) mortgage origination platform.
The integration ensures borrowers that the MI fees they viewed and e-signed within the BeSmartee POS are accurate, according to BeSmartee co-founder Arvin Sahakian.
“The ability to quote MI rates quickly and accurately is an important element to delivering speed and efficiency during the borrower application process,” Sahakian said. “We are pleased to see our relationship with Arch MI growing stronger.”
“We are glad to announce our successful partnership with BeSmartee,” said Carl Tyree, executive vice president and chief sales officer of Arch MI. “This integration will help scale up origination opportunities for lenders by attracting and qualifying more borrowers with competitive rates in real time to reduce costs and speed closings.”
