
Big news for fintech fans in the Pure Pitch Rally community: PMI Rate Pro, a 2020 Pure Pitch Rally alum based in Overland Park, has officially been acquired by LoanPASS, a Miami-based mortgage tech company known for its dynamic loan pricing engine.
Now under the LoanPASS umbrella, PMI Rate Pro is poised to scale its impact even further.
“We built our PMI technology to be modern, flexible and easy to integrate with LOS, PPE and POS systems,” CEO of PMI Rate Pro, Nomi Smith, said in the release. “Joining LoanPASS is a natural next step. Together, we’re building the kind of connected infrastructure the mortgage industry has needed for years.”
PMI Rate Pro will continue to operate independently and retain its brand, but now with access to the LoanPASS customer base and software integrations. The move is designed to unite pricing and mortgage insurance into one seamless interface, bringing lenders improved speed, accuracy and control.
“Together, LoanPASS and PMI Rate Pro deliver a unified system for pricing and mortgage insurance, elevating the lending experience for our customers,” added LoanPASS CEO Bill Roy.