Mortgage bankers and loan officers using LoanSifter's product eligibility and pricing solutions now have seamless access to Fannie Mae's Desktop Underwriter from within the LoanSifter platform.
The integration allows users to obtain instant underwriting findings and credit reports immediately after receiving an online 1003 mortgage application from a borrower. Loan officers can also use Desktop Underwriter's findings to discuss a borrower's mortgage application and collect any supporting documents needed to complete the application.
In addition, lenders can access additional credit reporting services from within LoanSifter, with no extra steps or duplicate entries, the company claims.
When combined with LoanSifter's other solutions, including its consumer-facing eOriginations platform, Best Execution Mortgage Insurance Pricing Platform and loan guidelines from 165 investors, loan officers will be able to provide borrowers with approvals and pricing results quickly and accurately.