Skip to main content

MGIC Teams Up With Mortgage Coach For Online Borrower Conversion Platform

Navi Persaud
Nov 19, 2020
MGIC and Mortgage Coach Fused Logos

Mortgage Guaranty Insurance Corporation and Mortgage Coach are now integrated, making MGIC's mortgage insurance quotes available through the Mortgage Coach home loan strategy and virtual presentation platform.

Loan originators will be able to include live MGIC rate quotes in their loan scenarios without leaving the platform, according to a press release. The new automation produces real-time mortgage insurance quotes to the Mortgage Coach platform.

"The best customer service is fast and reliable; this integration will ensure quick and accurate mortgage insurance quotes for loan officers and their borrowers," Margaret Crowley, MGIC vice president of Marketing and Customer Experience.

"More than twenty percent of our loans have mortgage insurance, translating to thousands of units per year," said Paul Anastos, chief innovation officer at Guaranteed Rate, Inc. "Clearly communicating MI benefits early in the borrower conversation is a significant competitive advantage for our team. Having our specific MI quote available instantly within Mortgage Coach saves time on every presentation, a crucial value for every professional today." 

Published
Nov 19, 2020
More from
Tech
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Tech
Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Tech
Oct 18, 2021
SimpleNexus Unveils Nexus Pay With In-App Payment Capabilities

SimpleNexus announced its upcoming Nexus Pay feature for mortgage loan applicants. The company is planning to do a full unveiling at the Mortgage Bankers Association's Annual Convention and Expo.

Tech
Oct 13, 2021
Redwood Trust Invests In Flock Homes Rental Ownership Platform

Redwood Trust Inc. announced its investment in Flock Homes, a rental ownership platform that converts owners into passive investors.

Tech
Oct 07, 2021
DocMagic Updates eSign Platform With Version 3.0

DocMagic Inc. launched its eSign 3.0 platform featuring enhancements to its remote notary and eClosing capabilities.

Tech
Oct 06, 2021