National MI Joins Forces With Mortgage Coach

National Mortgage Insurance Corporation (National MI), the primary operating subsidiary of NMI Holdings, Inc., is now integrated with the Mortgage Coach platform, which enables mortgage lenders to create accurate, digital home loan comparison scenarios for borrowers.

Mortgage lenders use the Mortgage Coach platform to share multi-option loan comparisons with borrowers through an interactive Total Cost Analysis presentation. Each personalized TCA presentation is delivered via a digital link, this gives the borrower the ability to compare loan scenarios and pricing to make a more informed mortgage decision. Borrowers can now instantly view a side-by-side comparison of loan options, which include National MI mortgage insurance product options, to clearly understand the impact of private MI and the additional affordability it can provide over the life of the mortgage loan.

“The convenience of obtaining a National MI quote within the Mortgage Coach Total Cost Analysis allows us to present illustrative and creative financing options at the click of a button, ensuring accurate loan pricing scenarios are presented quickly and easily to borrowers,” said Craig Strent, CEO of Apex Home Loans.

“Mortgage insurance provides homebuyers with a crucial path to affordable homeownership, offering an alternative to making a large down payment on a home,” said Mortgage Coach president Joseph Puthur. “With National MI’s continued commitment to improve borrower education and provide mortgage insurance savings.”