HUNTINGTON BEACH, Calif., June 12, 2019 /PRNewswire-PRWeb/ -- Leading digital lending software BeSmartee® integrates with income calculation and verification technology company LoanBeam to further digitize and simplify the mortgage application process. This partnership will provide time-saving value to LoanBeam and BeSmartee customers.
LoanBeam's bi-level optical character recognition (OCR) technology converts PDF and TIFF income documents into accurate, GSE-certified, income calculations. LoanBeam's multi-factor authentication technology alerts users of any missing tax documents, reducing borrower touches. With this integration, BeSmartee users will be able to quickly and easily upload tax documents to LoanBeam's powerful income calculation software without bouncing in and out of different systems, improving process flow.
"Through this integration, BeSmartee's clients can benefit from the services offered by LoanBeam through our platform," said BeSmartee's co-founder Arvin Sahakian. "It's always exciting to us when we form an integration with another software company whose intention, like our own, is to improve the difficult and error-prone mortgage origination process."
"We are excited about this integration with BeSmartee's platform," said Kirk Donaldson, LoanBeam's CEO. "We are confident that the combination of BeSmartee's UI/UX expertise and LoanBeam's technology and investor partnerships, will help our respective customers simplify the income verification process."
BeSmartee® disrupts the financial services industry with its award-winning, web-based mortgage lending software for lending institutions. Utilizing more than 165 direct vendor integrations, big data, artificial intelligence and process automation, BeSmartee's Mortgage POS, TPO Platform and Home Equity POS offer high-touch, end-to-end production experiences that shorten lending cycles and reduce costs, taking today's originators and borrowers further, faster. Connect with us at http://www.besmartee.com.
With patented technology based on more than 15 years in tax preparation and accounting experience, LoanBeam has established itself as the standard in automated income calculation. LoanBeam leverages big data partners, advanced scanning technologies, and patented algorithms to distill multiple streams of income into a single, easy-to-read, electronic output. The company is headquartered in Dallas, Texas. For more information, visit http://www.LoanBeam.com.