This guide provides detailed instructions for developers at servicer companies who want to integrate their services with Paperstac. There are two types of integrations available:
API Integration (Servicer provides API)
Paperstac API Integration (Servicer uses Paperstac API)
API Integration (Servicer Provides API)
Steps for Integration:
User Obtains API Key from Servicer
The servicer provides a way for their users to obtain an API key. This might be through a user profile section or a dedicated API access page.
User Creates Integration on Paperstac
The user logs into their Paperstac account.
They navigate to the integrations section and select the option to create a new integration.
The user enters the API key provided by the servicer.
Data Pull from Servicer’s API
Once the API key is entered and validated, Paperstac will start pulling data from the servicer’s API on the user’s behalf.
The data pulled will be integrated into the Paperstac platform, enabling the user to manage their loan assets efficiently.
Example Workflow:
User Obtains API Key
User logs into Servicer’s platform.
Navigates to the API Access page.
Generates or copies their API key.
User Creates Integration on Paperstac
Logs into Paperstac.
Goes to the Integrations section.
Selects “New Integration.”
Enters the API key from the Servicer.
Paperstac verifies and confirms the integration.
Data Synchronization
Paperstac regularly pulls data from the servicer’s API.
User sees updated loan data in Paperstac.
Paperstac API Integration (Servicer Uses Paperstac API)
Steps for Integration:
User Creates Integration on Paperstac
The user logs into their Paperstac account.
They navigate to the integrations section and select the option to create a new integration.
Paperstac provides an API key for the user.
User Provides API Key to Servicer
The user provides the Paperstac API key to the servicer. This is usually done via a form on the servicer’s web app or platform.
Servicer Pushes Data to Paperstac
The servicer uses the Paperstac API to push data to Paperstac on behalf of the user.
The servicer determines the mechanism for when and what data to push. For example:
A “Send to Paperstac” button next to a loan asset on the servicer’s website.
Continuous data synchronization whenever loan data changes.
Example Workflow:
User Creates Integration on Paperstac
Logs into Paperstac.
Goes to the Integrations section.
Selects “New Integration.”
Receives an API key from Paperstac.
User Provides API Key to Servicer
Logs into Servicer’s platform.
Navigates to a form or settings page to enter the Paperstac API key.
Submits the API key.
Servicer Pushes Data
Implements functionality to push data to Paperstac:
Example 1: User clicks “Send to Paperstac” button next to a loan asset, triggering a push of that loan’s data to Paperstac.
Example 2: Continuous synchronization where the servicer’s platform pushes updates to Paperstac whenever loan data changes.