MILWAUKEE, Nov. 18, 2020 /PRNewswire/ — Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) and Mortgage Coach, an industry-leading loan officer presentation solution, jointly announced today the availability of MGIC’s mortgage insurance quotes through the Mortgage Coach home loan strategy and virtual presentation platform. Through this technology integration in Mortgage Coach, loan originators can now include live MGIC rate quotes in their loan scenarios without leaving the platform. This automation brings real time mortgage insurance quotes to the Mortgage Coach platform, improving the borrower’s experience by optimizing pricing speed and accuracy.
“We are pleased to partner with Mortgage Coach to provide access to MGIC mortgage insurance rates,” said Margaret Crowley, MGIC VP Marketing and Customer Experience. “The best customer service is fast and reliable; this integration will ensure quick and accurate mortgage insurance quotes for loan officers and their borrowers.”
“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.”
The Mortgage Coach MGIC integration is now available to any lender with access to Mortgage Coach Enterprise Edition and an active MGIC Policy account.