Real estate search site Zillow has released a new API for automated quotes. With the API, lenders can automate custom quotes to borrowers submitting loan requests. The API will be made available over the next few weeks and will have 5 initial technology partners: Leads360, Mortech, Mortgagebot, NYLX and Optimal Blue.
"We're excited to be announcing the Zillow Quote API today to enable the lenders within Zillow Mortgage Marketplace to more efficiently service a larger number of borrowers, ultimately helping them gain more business," said Lloyd Frink, President of Zillow.com. "We believe this new feature will also improve the experience for the borrowers on our site by providing a greater number of quotes, faster, as well as more options in rates and lenders to help them chose the right loan and lender for them."