LodeStar Software Solutions integrated with Vesta’s loan origination system (LOS). The integration takes advantage of Vesta’s open APIs and will provide mortgage lenders using Vesta’s LOS technology access to LodeStar’s closing fee calculator.
The integration also will streamline and accelerate the generation and delivery of cost estimates and documents mandated by the TILA-RESPA Integrated Disclosure Rule, such as the loan estimate, with guaranteed accuracy, according to the companies.
“As closing cost experts and curators of an expansive and award-winning closing fee database, we are excited to expand our integration network to include Vesta’s LOS platform,” LodeStar CEO Jim Paolino said in a release. “We share a common vision for the industry, including a need for increased clarity in the mortgage process for consumers and businesses alike. We’re thrilled to be collaborating with Vesta in that endeavor.”
Vesta’s LOS enables lenders of all sizes to build custom workflows for a more efficient lending process.
“We’re excited to welcome LodeStar to the Vesta ecosystem to power a simplified, clear, and highly optimized delivery of closing costs,” Vesta CEO Mike Yu said.