API market Staircase has introduced a brand new utility programming interface (API) that permits lenders and servicers to embed automatic underwriting era into any utility and sync to their level of sale and mortgage origination techniques, saving money and time, the corporate introduced.
Staircase’s same-day GSE integrations empower lenders to seamlessly synchronize AUS effects throughout all in their techniques. For start-ups, the brand new API cuts out a protracted utility procedure and provides them immediate automatic underwriting functions with out spending money and time on IT and procurement opinions. Staircase does now not fee any integration prices—just a $1 price in line with API name.
Lenders give you the chance to embed Staircase’s GSE APIs into their different equipment reminiscent of internet and cell apps. Staircase additionally makes AUS findings and messages gadget readable to create higher automation within the origination procedure. The GSE API even comprises queuing mechanisms to catch up on downtime throughout more than one techniques, in step with Staircase.