AccountChek, a borrower verification solution from Informative Research, has been integrated with LenderLogix’ LiteSpeed point-of-sale system.
The integration blends AccountChek’s pioneering verification technology into LiteSpeed to seamlessly enhance the borrower experience and optimize the loan origination process to ensure a smooth experience for borrowers and users alike, LenderLogix says in a release.
“Enhancing our clients’ tech stacks with simple, digital-first tools is the foundation of our company’s mission, and it’s integrations like these that help us further that mission,” says Patrick O’Brien, co-founder and CEO for LenderLogix, in the release. “By leveraging AccountChek’s advanced verification capabilities, we can provide LOs with greater efficiency and accuracy, ensuring all parties experience the highest service standards.”
AccountChek streamlines the lending process by providing advanced verification capabilities and seamless data integration for lenders and borrowers alike. With AccountChek’s Verification of Assets (VOA), LenderLogix clients can expect enhanced efficiency and accuracy in the loan origination process, with VOA orders routed through the Encompass loan number and documents and data populating directly into the Encompass loan file. The VOA data will flow directly into the automated underwriting systems at the GSEs, allowing the lender seamless access to programs like Day 1 Certainty, Asset and Income Modeler (AIM) and pre-close employment verifications.
“The integration of AccountChek into the LenderLogix LiteSpeed platform demonstrates our shared commitment to innovation and customer satisfaction while also enabling LenderLogix’s clients to streamline the underwriting process by obtaining key verifications at the point of application,” says Brian Francis, who heads AccountChek for Informative Research. “We look forward to continuing our partnership to deliver impactful innovation to the mortgage lending community and help lenders advance their digital transformation efforts.”