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February 2017 - Tackling Tech

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ยป VISIT US ONLINE @ DSNEWS.COM 91 CALIFORNIA LendingQB-BeSmartee Partnership Automates Consumer Direct Lending LendingQB, a Costa Mesa, California-based provider of lean lending loan origination technology solutions, has announced the integration of its LOS with BeSmartee, an online mortgage automation company based in Huntington Beach, California. e partnership between LendingQB and BeSmartee is part of the LendingQB's strategy to help lenders build innovative services for their borrowers by integrating with key technology partners. is integration provides lenders with an automated system to build a consumer direct-lending channel that will cut the amount of time it takes for borrowers to move from loan application to underwrit- ing down to approximately 20 minutes, according to LendingQB. "Building a direct-to-consumer lending platform requires tre- mendous coordination between the point-of-sale application and the loan origination system," said Tim Nguyen, Co-founder and CEO of BeSmartee. "Our integration with LendingQB ensures that data is secure and that the lender can move as quickly as the borrower desires on their mortgage transaction." One company that has leveraged the integration is Atlanta- based Mortgage Assurance Inc. e implementation of BeSm- artee has resulted in reduced loan origination costs and created efficiencies through verifications for Mortgage Assurance. "Our customers enjoy the convenience of the consumer direct channel," said Josh Rosendahl, IT Manager for Mortgage Assurance. "For us, having the BeSmartee solution seamlessly integrate with LendingQB's LOS gives us total confidence in the self-service origination process. As the duo works to secure proper verifications and determine the proper course of action, my staff is able to monitor the process without having to dedicate large amounts of time to manually verifying and approving each step. For us, this saves time and resources." LendingQB's core LOS is a fully web browser-based system that effectively and intuitively manages the entire mortgage lend- ing process, and BeSmartee allows lenders to provide borrowers with a unique experience by giving them the opportunity to use any mobile or desktop device to complete the entire mortgage transaction, according to the announcement. "As a customizable LOS, we seek to find best-of-breed partners to integrate with on behalf of our customers," said David Colwell, Director of Strategic Business Development at LendingQB. "e BeSmartee integration exemplifies what it means to provide the best platform in order to make a better lending experience for our customers."

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