New integrations with The Work Number and Informative Research are aimed at helping lenders using Smart Underwrite™ to speed underwriting approvals and reduce human error, company says
Mortgage technology provider Gateless is beefing up its flagship product, Smart Underwrite™, with new integrations aimed at helping lenders speed underwriting approvals and reduce human error.
Integration with The Work Number from Equifax allows lenders using Smart Underwrite™ to instantly verify loan applicants’ employment and income information, Gateless announced Tuesday.
In November, Gateless announced integration with Informative Research’s intelligence platform, allowing lenders using Smart Underwrite™ to import credit and verification data directly.
The partnership with Equifax “creates a real-time connection between direct-source data and underwriting decisions, eliminating time-consuming human review, empowering lenders to streamline operations, boost profitability and help avoid risk,” Gateless executive Katie King said in a statement.