has announced a partnership with ValueInsured
, which embeds +Plus SM downpayment protection directly into its loan origination platform. By making +Plus downpayment protection a turnkey solution in the existing LendingQB system, lenders are able to add downpayment protection to their mortgage programs and provide borrowers with a greater choice when selecting a mortgage. +Plus SM downpayment protection enables homebuyers to buy with confidence knowing that recovery up to the full original downpayment should the need to sell their home in a down market arises.
“At LendingQB, we’re dedicated to providing our customers with the best lending experience possible by enabling them to continue to grow their businesses,” said Tim Nguyen, President of LendingQB. “The addition of +Plus into our existing LendingQB platform, instantly differentiates our loan originators’ mortgage services from their competitors, and enables them to provide homebuyers with the services they want with the ability to protect their downpayment.”
Joe Melendez, CEO of ValueInsured, said, “ValueInsured’s focus from day one has been to make getting a mortgage with downpayment protection as simple and transparent as possible. And LendingQB not only delivers that, but also allows us to provide even more homebuyers with the choice and ability to protect their hard-earned downpayment.”