LINCOLN, Neb.--(BUSINESS WIRE)--Mortech, a Zillow Group business providing mortgage technology solutions for mortgage bankers and secondary market teams, today announced a new integration between the Mortech® product and pricing engine (PPE) and secondary marketing solutions and Byte Software’s BytePro loan origination software (LOS). Through this integration, BytePro users can access Mortech’s mortgage product and eligibility information and can now compare loan-pricing scenarios from over 400 supported investor rate sheets all within the BytePro interface.
“Automating access to Mortech’s mortgage pricing, eligibility, and secondary solutions within BytePro helps our mutual customers optimize their mortgage origination process,” said Doug Foral, general manager at Mortech. “We’re excited to collaborate with Byte Software on this interface. By continuing to partner with industry leading mortgage technology providers, we are able to arm our customers with the enhanced software they need to improve their mortgage business operations and stand apart from their competition.”
The new integration allows lenders instant access to Mortech pricing, including loan specific rate, profit and adjustment information. With this integration, the lock request and change processes by seamlessly transferring borrower scenario data between Marksman® and BytePro. It also removes manual data re-entry, reduces the possibility of human error, and improves loan-processing automation through multi-system interoperability.
“The costs associated with inefficient and disjointed lock processes can quickly erode lender profits,” said Mark Todd, national sales and client services manager for Byte Software. “Our integration with Mortech allows our mutual clients to automate loan pricing activities while relying on BytePro data governance and workflow controls.”
Mortech® supplies thousands of mortgage professionals with a number of services and tools, such as all-in-one pricing, rate notification, prospect management tools, custom rate sheets, loan product eligibility and guideline services. Founded in 1987, Mortech is based in Lincoln, Neb. and is owned and operated by Zillow Group, Inc. (NASDAQ: Z and ZG).
Zillow, Mortech and Marksman are registered trademarks of Zillow, Inc.
For more information, please visit www.mortech.com
About Byte Software
Founded in 1985, Byte Software is located in Kirkland, Washington. While our roots are in point of sale solutions, our BytePro platform streamlines the entire mortgage production process from origination through sale on the secondary market.
Our clients include over a thousand organizations in all 50 states. From multi-state lenders with thousands of users, to community banks, to owner-operator mortgage brokers, Byte Software provides industry-leading solutions with a focus on workflow, compliance, and service.