Matic Software to Integrate With Roostify’s Digital Lending Platforms
Roostify announced a partnership with Matic Insurance, a digital homeowners insurance agency for mortgage borrowers, to help bring one of the final steps in the home-buying process online.
Through the partnership, Matic’s digital homeowner’s insurance agency will be integrated into Roostify’s digital home loan process. “Our partnership with Roostify makes it as easy as the tap of a button for borrowers to purchase homeowner’s insurance during the loan application process. We make the policy information simple to understand, and the entire process takes just minutes, alleviating unnecessary borrower stress and enabling loan officers to close loans faster.” – Matic cofounder and COO, Ben Madick.
Roostify has partnered with lenders like Guild Mortgage to help them launch digital mortgage platforms.
“By relocating the insurance purchase decision to where it belongs – within the mortgage transaction – Matic is bridging the gap between mortgage tech and insurtech and meaningfully improving the experience of borrowers and lenders alike”. – Matic cofounder and CEO, Aaron Schiff.
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Under this partnership, Roostify will integrate Google Cloud’s new Lending DocAI solution into its digital lending platform, leveraging capabilities in AI and ML to decrease the time it takes to process documents, increase accuracy, and reduce costs, helping lenders provide their clients with a better experience.