, a Zillow Group business providing mortgage technology solutions for mortgage bankers and secondary market teams, has announced a new integration between Mortech’s product and pricing engine (PPE) and MortgageHippo
. The integration provides lenders with an online mortgage platform to confidently guide borrowers through the mortgage loan process.
“To keep pace with borrower expectations and comply with mortgage rate advertising regulations, lenders need a reliable pricing engine to deliver efficient and accurate rate data when and where they need it. Pairing our pricing engine with MortgageHippo’s digital mortgage platform provides an excellent mortgage experience for loan officers and lenders.” said Doug Foral, General Manager of Mortech. “Long term adoption of the solution by our top mutual customers is a real testament to the platform, and we’re excited to onboard additional lenders who see the opportunity in having a streamlined digital borrower experience.”
Through the MortgageHippo platform, lenders can provide a more transparent online mortgage experience to improve borrower conversion and increase efficiency. Using Mortech’s APIs for secure access to a lender’s portfolio of investors and custom pricing configurations for eligible products, borrowers will receive up-to-date and accurate mortgage rate quotes through the MortgageHippo lending platform. Mortech and MortgageHippo are solidifying their partnership following the successful adoption of the integrated solution by some of the nation’s top mortgage lenders.
“By working with Mortech and MortgageHippo, industry-leading mortgage lenders have seen the distinct value in providing accurate mortgage quotes to consumers shopping around,” said Valentin Saportas, Chief Executive Officer of MortgageHippo. “By delivering on consumer expectations, these lenders have realized increased engagement and higher closing conversion for all of their borrowers. To date, borrowers have been able to access rates on several thousand applications through the MortgageHippo integration with Mortech.”