This integration ensures that the MI fees BeSmartee auto-populates into the initial disclosure stack, viewed and eSigned by borrowers within the BeSmartee POS, are highly accurate.
HUNTINGTON BEACH, Calif. (PRWEB) July 02, 2019
BeSmartee, a leading multi-platform technology company, announced a direct integration with Arch Mortgage Insurance Company (Arch MI), a leading provider of private mortgage insurance (MI) and a wholly owned subsidiary of Arch Capital Group Ltd.
Pairing Arch MI’s live RateStarSM risk-based MI pricing solution with the BeSmartee POS (point-of-sale) mortgage origination platform allows for productive workflow continuity to modernize the lending process and improve the borrower journey.
Now celebrating 10 years as the industry’s leading risk-based MI pricing solution, Arch MI RateStar® evaluates a wide variety of loan characteristics to provide the most tailored, complete and precise MI rate.
“The ability to quote MI rates quickly and accurately is an important element to delivering speed and efficiency during the borrower application process,” said BeSmartee Co-founder Arvin Sahakian. “This integration ensures that the MI fees BeSmartee auto-populates into the initial disclosure stack, viewed and eSigned by borrowers within the BeSmartee POS, are highly accurate.”
“We are glad to announce our successful partnership with BeSmartee,” said Carl Tyree, Arch MI’s Executive Vice President and Chief Sales Officer. “This integration will help scale up origination opportunities for lenders, attracting and qualifying more borrowers with competitive rates in real time to reduce costs and accelerate sales.”
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.
About Arch MI
Arch Capital Group Ltd.’s U.S. mortgage insurance operation, Arch MI, is a leading provider of private insurance covering mortgage credit risk. Headquartered in Greensboro, North Carolina, Arch MI's mission is to protect lenders against credit risk, while extending the possibility of responsible home ownership to qualified borrowers. Arch MI’s flagship mortgage insurer, Arch Mortgage Insurance Company, is licensed to write mortgage insurance in all 50 states, the District of Columbia and Puerto Rico. For more information, visit archmi.com.