Mortech’s product and pricing enginehas now been integrated with Daric, an online based mortgage application tool, to help streamline the loan origination process.
The company says the new integration provides mortgage lenders with a suite of web, mobile, and tablet-friendly tools to automate borrower verification, mortgage rate pricing, loan decisioning and servicing.
Borrowers can now complete their loan application via Daric’s online mortgage origination solution and Mortech’s Marksman software ensures customers receive accurate mortgage rate quotes and allows lenders automatic best execution from their portfolio of investor pricing. Mortech also provides the ability to route all borrower leads from consumer direct marketing websites such as Zillow, Bankrate, LendingTree, and QuinStreet, directly into the integrated application.
“Consumers are used to having everything they need at their fingertips, and providing an online service to initiate the mortgage borrowing process is essential for today’s mortgage lenders to stay competitive,” said Vasant Ramachandran, chief technology officer at Daric, Inc.
“Having accurate pricing built into the application builds borrower trust and streamlines the lender origination process. By partnering with Mortech, we can provide a better online mortgage experience for both borrowers and lenders alike.”