Premium Title, a national provider of title and escrow services and an Altisource business unit, announced its integration with LendingQB's end-to-end, browser-based loan origination system (LOS) on February 21. The integration will provide customers with the ability to obtain title and settlement quotes more efficiently, place orders with Premium Title, and receive a title fee certificate guaranteeing fees for 30 days through the LendingQB platform.
Tim Nguyen, President of LendingQB, expressed his approval of the integration.
"We are pleased to offer Premium Title's services through our loan origination system," he said. "This integration is a prime example of our best-of-breed strategy that will provide lenders with the ease of researching fees, ordering title services and receiving documents directly from Premium Title."
According to Premium Title, the integration allows clients to experience a seamless, more efficient process within the LendingQB LOS platform. Lenders using LendingQB will receive automated quotes for title services and a title fee certificate guaranteeing title fees, which auto-populates into the LOS. LendingQB also has the ability to maintain the loan estimate and any adjustments in fees associated with the loan, assisting with TRID compliance and faster disclosure timelines.
James A. Weld, President of Premium Title, said that the partnership will ultimately broaden Premium Title’s customer base.
"Teaming up with LendingQB allows us to expand our network by providing customers with greater access to our exceptional title services and solutions," he said. "The positive feedback from our beta customers helps confirm that this integration is adding quality and efficiency to the loan origination process."