have partnered to integrate Hippo’s Home Insurance solution mortgage app into LendingQB’s Loan Origination Software (LOS). The integration provides lenders with a cloud-based user interface that enables borrowers to get compliant home insurance for customers at a better price, instantly.
“The borrower of the future is increasingly becoming an online-first consumer,” said Assaf Wand, Chief Executive Officer and Co-Founder of Hippo Insurance. “Lenders who leverage our solution will enjoy the many benefits of Hippo insurance. From a faster quoting process and online binding within minutes to a streamlined and accurate underwriting and processing leaders who recommend Hippo will earn lifelong customers who will appreciate modern coverage and personalized customer service for years to come.”
LendingQB’s integration with Hippo creates new efficiencies for lenders to get an instant quote for earlier DTI, and more accurate LE and closing disclosures. Policies have appropriate replacement costs and the EOI is delivered automatically with the lender’s mortgagee clause included.
“Our lenders appreciate having the option to use the point-of-sale tool that fits their particular business model or workflow,” said David Colwell, Vice President of LendingQB Strategy. “Partnering with Hippo Insurance reaffirms our commitment to ‘Leaner Lending and Better Borrowing.’ Our expertise in APIs and LOS best practices allows us to deliver the best solutions to enhance the lending experience for our lenders and their borrowers.”