Payment solutions provider REPAY has formed a partnership with Ellie Mae whereby Ventanex, a REPAY company, will integrate its payments and messaging solutions with the Ellie Mae Digital Lending Platform.
Ventanex’s LIFT platform will enable mortgage originators utilizing the Ellie Mae platform to receive one-time electronic loan payments via ACH or card across multiple channels, including web, mobile, agent and IVR. The companies say the integration will also drive efficiency by eliminating time-consuming, manual legacy processes and reducing the overall cost affiliated with check acceptance.
Additionally, borrowers can make one-time payments for fees or other items either during or after the mortgage origination process.
“We are thrilled to be partnering with Ellie Mae, and we are confident that this integration will be a valuable tool to those using the platform for loan origination and payments,” says Susan Perlmutter, chief revenue officer for REPAY. “REPAY looks forward to helping mortgage originators and consumers utilizing the Ellie Mae platform further streamline their payment processes, reduce costs and provide a more seamless user experience.”