LoanSifter Integrates Zillow Quote API
By: Mary Miller, Zillow Director Product Management, Mortgages | November 20, 2008
I’m happy to announce that LoanSifter has become Zillow’s latest Quote API integration provider.
Zillow Quote API automates quotes submitted by lenders on Zillow Mortgage Marketplace through an application programming interface (API). When a loan request is submitted by a borrower, lenders using the Zillow Quote API receive the full set of details the borrower provided. Lenders can use pricing engines, either their own or through any of Zillow’s integration providers, to instantly create custom loan quotes based on the information the borrower has provided. Then, the quote is automatically sent back to Zillow for the borrower to view. With the Zillow Quote API, this process happens almost instantaneously.
By integrating the Zillow Quote API, LoanSifter is able to offer wholesale and correspondent investors fast pricing and automated quoting on Zillow Mortgage Marketplace. This integration opens up another door for more lenders within Zillow Mortgage Marketplace to serve a larger number of borrowers, helping them benefit from the most competitive rates available at any given time.
Welcome, LoanSifter! We look forward to seeing quotes from your participating lenders on Zillow Mortgage Marketplace.
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- Categories: Mortgages
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Larry the Loan Guy on November 20, 2008 12:53 pm
Integrating these systems into your Mortgage Market Place will do nothing but take away any value or integrity it may have had a chance to develop.
Is your goal to gain the integrity of a site like Lending Tree? Because thats where you are headed. Would be wise to eliminate this idea. If not it will become useless.