Roostify, a Web and mobile platform designed to help speed homebuyers, real estate agents and lenders to the closing table, has integrated with mortgage giant Fannie Mae’s automated underwriting system to streamline homebuyers’ mortgage applications.

Roostify’s integration with Fannie Mae’s Desktop Underwriter allows Roostify users to:

  • Deliver a mortgage application directly to Desktop Underwriter for preapproval.
  • Obtain Desktop Underwriter findings and conditions upstream in the origination process.
  • Reduce the time frame and steps needed to approve and process a loan application.

“We are excited to work with innovative companies like Roostify to improve the integrity and efficiency of mortgage originations,” said Stephen Pawlowski, senior vice president of strategic innovations, business and technology at Fannie Mae, in a statement.

Roostify says its platform allows consumers to create a verified loan package in minutes and collaborate with loan officers and other parties involved in the homebuying process, including real estate agents.

The startup’s technology can pull in a borrower’s LinkedIn data and tax filings, and claims to allow borrowers to cut the timeline of the typical loan application process in half.

Some lenders, such as the National Bank of Kansas City, have partnered with Roostify to offer the startup’s technology to their loan officers and customers.

Email Teke Wiggin.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Hear from Realogy, Pacaso, SERHANT., Spotify, Redfin, Douglas Elliman, and 100+ more leaders at ICNY.Register now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription