Skip to main content

Mortgage Coach Partners With SimpleNexus to Enhance the Borrower Experience

NationalMortgageProfessional.com
Feb 14, 2019
SimpleNexus has announced that more than two million consumers have downloaded app, marking a 53.8% increase in consumer downloads of the app since the beginning of the year.

Mortgage Coach, developer of the Total Cost Analysis (TCA), and SimpleNexus have announced an official integration partnership. The partnership provides SimpleNexus' 200 plus clients and 20,000 LO's increased pull-through or loan application conversion rates through Mortgage Coach’s Loan Comparison, TCA and SimpleNexus’ Mobile Originator tools. When a borrower first uses the SimpleNexus mobile app with this integration in place, a TCA record will automatically be created for them in Mortgage Coach where Loan Originators can personalize and narrate the Total Cost Analysis details. The borrower can then compare different loan products and choose the one that is best for them through access to these details directly from the SimpleNexus mobile app home screen.
 
“Mortgage Coach has, first and foremost, always kept the consumer in mind. We're proud to work with a company that brings transparency, and increases trust between consumers and lenders,” said Matt Hansen, SimpleNexus Chief Executive Officer.
 
Joseph Puthur, President of Mortgage Coach, said “By adding the Mortgage Coach Total Cost Analysis automatically to every application, Simple Nexus has delivered on two of the most important needs borrowers demand in the mortgage approval process, ease and options. Our mutual lenders need to convert every transaction by reducing fallout. This innovation provides a TCA at the earliest possible point in the application process, establishing trust and commitment from day one with the borrower.”

 
Published
Feb 14, 2019
More from
Tech
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Tech
Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Tech
Sep 13, 2021
Notarize And Snapdocs Announce Partnership

Notarize and Snapdocs, Inc. entered a partnership in which brings two digital closing companies together in hopes to further streamline the closing process.

Tech
Sep 09, 2021
Hold The Phone: Agile Formally Launches Platform For TBA MBS Quotes

Trade Auction Manager Allows Small to Mid-Size Broker Dealers To Quote Digitally

Tech
Sep 09, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Tech
Sep 07, 2021