Lender Demand Driving Modern API Tech Stack Integrations
[San Francisco, December 6, 2023] – Vesta, the next generation mortgage LOS, is now
integrated with LoanPASS, a fast-growing PPE in the mortgage ecosystem. This integration
empowers mortgage lenders with a unified and efficient solution for pricing and product
eligibility, enhancing the overall workflow and ultimately driving a better borrower experience.
Lenders can now access real-time pricing and product eligibility information within the LOS
platform, providing them with instant decision support. LoanPASS is a game-changing tool and
lauded by users giving them immense flexibility and control to self-manage loan programs on-
the-fly. This feature significantly accelerates the decision-making process, enabling lenders to
make well-informed and timely decisions. The integration ensures data consistency across
platforms, reducing the risk of discrepancies and errors in the lending process.
Mike Yu, CEO of Vesta, expressed excitement about the collaboration stating, "I'm thrilled to
welcome LoanPASS as a valued partner, enriching Vesta's suite of seamless integrations. This
partnership underscores our shared dedication to delivering sophisticated solutions to lenders.
Our joint goal is to streamline decision-making with unparalleled efficiency and precision, a
critical aspect in today's dynamic market environment.
“We are excited to partner with Vesta to offer mortgage bankers the combined power of
LoanPASS’ sophisticated, highly customizable PPE solution with that of Vesta’s modern and
comprehensive cloud-based LOS,” stated Bill Mitchell, CRO of LoanPASS. “As the mortgage
industry works through increasing volatility while adapting to the dynamic market, Vesta and
LoanPASS are two solutions designed and tailored to address the changing demands of the
industry.
About Vesta:
Vesta is a SaaS provider of mortgage loan origination software. The platform provides lenders
with a modern system of record, customizable workflows for end-to-end mortgage loan
fulfillment processes, and open, cloud-based APIs. The company was founded in 2020 by early
Blend employees Mike Yu and Devon Yang. Investors backing Vesta include Andreessen
Horowitz, Bain Capital Ventures, Conversion Capital, Index Ventures and Zigg Capital. For
more information, visit: www.vesta.com or Vesta’s LinkedIn.
About LoanPASS:
LoanPASS is rapidly becoming a force in the industry when it comes to rules-based
loan decisioning for all lending products. The LoanPASS open APIs allow seamless
integrations with leading CRM, POS, and LOS providers. LoanPASS empowers lenders
with a no-code, SaaS application with unparalleled control over loan product, pricing,
and underwriting decision output. LoanPASS targets a variety of lending sectors
including mortgage investors, independent mortgage banks, private lenders, banks and
credit unions. To learn more, visit the company’s website at LoanPASS.io
LoanPASS.AI offers the industry’s first AI Chatbot for product, pricing, and eligibility
decisions. With a mission to simplify and accelerate the loan application process,
LoanPASS.AI connects borrowers with lenders through a completely virtual AI Chatbot
experience, offering borrowers a secure and efficient way to confidentially shop, price
and lock-in loan approvals. For more information, please visit LoanPASS.AI
Media Contacts:
Vesta:
Carrie Howe
(415) 216-0103
carrie@vesta.com
LoanPASS Sales and Marketing:
Bill Mitchell, CRO
Direct: (561) 254-5971
bmitchell@loanpass.io