Roostify, a provider of automated real estate technology, has announced that Xetus, a provider of software that allows lenders to process mortgage loans, will integrate Roostify's platform into XetusOne, Xetus' flagship product.
According to Roostify, its interface allows borrowers to easily apply for a mortgage and all parties involved to share and track information, documents and events through closing.
The integration, Roostify notes, will enable Xenus' customers to provide their borrowers with instructions for completing their online mortgage applications through a list of required documentation, which can be uploaded or gathered automatically from aggregated online data sources.
"The age of the electronic mortgage is here to stay. In order for lenders to take advantage of the new market opportunities this trend represents, they need a system that manages the experience from start to finish," says Rajesh Bhat, CEO of Roostify.Â
"By gathering and processing borrower information and documentation from various sources and then seamlessly passing the information to the lender, Roostify will enable Xetus customers to handle more simultaneous transactions while ensuring full accountability throughout the process," he adds.