Fintech firm BeSmartee announced a partner integration with mortgage fee data provider LodeStar. The partnership will allow BeSmartee to pull fees to populate the loan estimate and closing costs for products.
“We are excited to partner with LodeStar,” BeSmartee EVP and co-founder Veronica Nguyen said in a release. “Through our integration, lenders who partner with BeSmartee will be able to instantly generate accurate quotes for title agent fees, title premiums, transfer taxes and recording fees from within the BeSmartee Mortgage Point-of-Sale platform.”
Through the integration, lenders will be able to generate fees instantly, according to the companies. Also, quotes are guaranteed for accuracy.
“The biggest beneficiary of the LodeStar and BeSmartee partnership is the lender using the BeSmartee platform,” LodeStar founder and CEO Jim Paolino said. “In addition to the time and cost benefits they’re already realizing just by using BeSmartee, they’ll now see those efficiencies and savings extended into the fee-quoting process, as well as gaining additional clarity from the entire transaction.”