Mortgage technology company ReadyPrice has launched an independent universal delivery portal that enables independent mortgage brokers to source competitive loans from multiple lenders, lock them in and deliver them to borrowers – all on a single platform.
“Independent mortgage brokers are the core of our industry, and they’re needed now more than ever. They help thousands of borrowers navigate an increasingly complex economic environment,” says Rick Soukoulis, ReadyPrice founder and CEO. “Our universal delivery portal gives brokers what they need most – more time to focus on their borrowers and more confidence that they’re delivering the best deals possible.”
ReadyPrice’s universal delivery portal runs on its proprietary data exchange platform, DataX, which is directly connected to industry’s largest loan origination system. That allows ReadyPrice to deliver loans for approval via automated underwriting. After that, loans are transferred directly into the lender’s pipeline, where the originator can complete the transaction.
ReadyPrice also affords marketing and productivity benefits. It gives lenders a scalable, cost-effective marketing channel to brokers and allows direct connection with brokers through a social platform to answer questions and finalize loans. Ultimately lenders can establish long-term relationships with brokers based on the needs of the end borrower.
“Our technology makes it even easier for mortgage loan originators, brokers and lenders to work together,” continues Soukoulis. “This new industry utility delivers a win-win for everyone.”
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