Product Hatching Ideas

Create Integration with Lending QB

We finally have inroads with Lending QB and they are now allowing us to integrate to their LOS.  This would be extremely positive for us as we would be the first 3rd party pricing engine integrated to their LOS.  Currently, they have around 200 clients.  We have 4 clients currently on LQB:


- iDirect, Online only, paying $1400, have 81 LOs

- Earnest, Online only, paying $750, have 3 LOs

- Aurora, Online only, paying $700, have 11 LOs

- Nexera, Online only, paying $650, have 14 LOs


This integration would require us to build the integration using their API documentation (linked below).  


    >>> Generic Framework documentation is available on I will go by the honor system and

    assume that the agreement will be received on our end soon.


    >>> Two links for your review:


    >>> Generic Framework:


    >>> Password: YE49dp6Xvs


    >>> LQB Web Services API:


    >>> Password: 94AMTrctsz

  • Josh Lehr
  • May 22 2017
  • Moved to Prioritzation
Rating BOB-3
Revenue or Retention? Revenue
Workaround Present No
Impact to Existing Customers Multiple
Customer ID(s) iDirect, Earnest, Aurora, Nexera
Business Value 3 - Important to moderate number, moderate impact on brand, moderate competitive advantage
Urgency 3 - Moderately time constrained
  • Attach files
  • Josh Lehr commented
    May 22, 2017 19:20

    We have an integration setup fee of $2,500 for use of the API, and a $500 annual maintenance fee, both typically fall shy of actually covering our overhead.  There’s a line item for $175.00 hourly for custom development.  This would come into play if Mortech requested unique functionality that would require us to enhance the API.  Given that we haven’t integrated another pricing engine, it may or may not be a factor.  If custom work is required, we would provide an Initial Estimate and Summary Spec up front.  As far as rev share, I think it would be prohibitive to do something transaction based.   I think a straight percentage of gross revenue generated by use of the integration makes more sense; however it would be incumbent on Mortech to provide that accounting each month.  Typically it’s around 8%.