- Swivel and Paydoff integrate APIs to help banks and lenders quote mortgage rates inside the loan file process.
- The integration supports compliance, faster workflows, and simplified borrower rate discovery in one place.
What happened: Swivel connects with Paydoff to embed real-time pricing tools into digital mortgage workflows
Swivel and Paydoff have announced a technology partnership that allows mortgage lenders to access borrower-specific pricing and rate options directly within the Swivel platform. Paydoff’s API for mortgage pricing is now connected to Swivel’s document collaboration and eClosing tools. The integration gives financial institutions the ability to quote accurate mortgage rates without moving between systems. It uses real-time investor pricing and filters based on borrower credit and eligibility data.
Swivel is a mortgage technology firm that supports digital loan closings and document sharing for lenders. Paydoff focuses on automating rate quoting and pricing logic through APIs. Their systems now work together in a way that supports faster decisions and better workflows. Joe Ludlow, CEO of Swivel, said the solution allows lenders to quote rates and generate pricing in “just a few clicks.” The product is available to Swivel clients, which include banks, credit unions, and independent lenders.
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Why this is important
The partnership reflects a shift in mortgage technology towards integrated systems that help lenders save time and reduce errors. Many financial institutions still rely on separate platforms for rate quoting, document handling, and closing. This slows down the lending process and increases compliance risk. By connecting Paydoff’s rate engine with Swivel’s tools, the integration helps eliminate unnecessary steps and keeps everything in one workflow.
Automation in mortgage technology is growing because of high competition, tighter margins, and rising costs. According to HousingWire, lenders are now investing more in digital tools that handle pricing, disclosures, and closing. Paydoff and Swivel offer an option for small to midsize lenders that want fast, flexible tools. They are not as large as ICE Mortgage Technology, but their focused tools may appeal to lenders that want easier integration and faster results. This kind of technology also helps meet borrower expectations for quicker approvals and simpler processes.
