Mortgage Coach’s integration with First American Title gives consumers greater insight into title fees during the loan selection process National
With the integration, the exact title fees are entered into Mortgage Coach’s Total Cost Analysis (TCA) loan presentations
IRVINE, Calif., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) – Mortgage Coach, a borrower conversion platform that enables mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced the integration known with the First American Title Insurance Company. a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF). The integration allows lenders to incorporate title fees into custom Total Cost Analysis (TCA) presentations, giving consumers better insight into their closing costs.
Mortgage Coach enables lenders to provide a home finance advisory experience through digital TCA presentations that deliver accurate, actionable financial advice and compare mortgage loan performance over time. The platform’s connectivity with the lenders’ tech stacks enables lenders to automatically create custom TCA presentations and send them to borrowers via email, SMS, or Mortgage Coach’s native mobile app. Integration with First American Title makes it possible to import accurate title fees – including lender title insurance, records, escrow service, and borrower termination service fees – into TCA presentations.
First Tech Credit Union (First Tech) is first to take advantage of Mortgage Coach integration with First American Title. Bill Bolton, Vice President, Mortgage Lending at First Tech, said, “Mortgage Coach TCAs have been critical to delivering modern, personalized home finance services to our family that will help them achieve their financial dreams. The integration of Mortgage Coach with First American Title to provide deep insight into title fees during the loan selection process demonstrates our commitment to membership education and uncompromising service. “
“When lenders combine advisory training with better insight into loan fees, consumers feel able to make key financial decisions with confidence,” said Joseph Puthur, president of Mortgage Coach. “The integration of Mortgage Coach with First American Title provides additional insight into closing costs and helps lenders provide an enhanced level of service that will make customers come back for life.”
“Mortgage Coach’s use of our API is a prime example of how First American Title can drive efficiencies for our lenders while simplifying the home buying process for buyers and sellers,” said Jim Dulle, senior vice president and managing director of First American’s direct division Title. “We strive to develop and use innovative technologies that help improve the buying and selling process of real estate for everyone involved.”
Mortgage Coach customers wishing to enable First American Title integration should contact their account manager.
About Mortgage Coach:
Mortgage Coach is an award-winning borrower conversion platform that gives consumers the confidence to conduct transactions with educational presentations that model loan performance over time. The company’s parallel loan comparisons enable borrowers to make faster, more informed mortgage decisions, while at the same time enabling lenders to deliver a branded, advisory home finance experience that increases borrower conversion, repeat business and referrals. To date, more than 120 independent mortgage lenders, custodians, and credit unions rely on Mortgage Coach to provide personalized, modern service that drives sales and increases customer loyalty. To learn more about Mortgage Coach, visit https://www.mortgagecoach.com or follow @MortgageCoach.
About the first American title:
First American Title, the largest subsidiary of First American Financial Corporation (NYSE: FAF), can trace its history back to 1889. As one of the largest title insurers in the country, the company provides title services through its direct operations and an extensive network of agents in the United States and abroad. First American Title provides comprehensive legal protection and professional services for home purchases, construction, refinancing, and equity loans. Visit www.firstam.com/title for more information.
About First American:
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions with a legacy dating back to 1889. First American also offers title management services; Titles and other real estate records and images; Evaluation products and services; Home warranty products; Banking, fiduciary and asset management services; and other related products and services. With total sales of $ 7.1 billion in 2020, the company offers its products and services directly and through its agents in the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For® list for the sixth consecutive year. Further information about the company can be found at https://www.firstam.com/.
Twitter: @MortgageCoach @FirstAm @FirstTechCU #digitalmortgage #titleinsurance
DepthPR for Mortgage Coach
NEWS SOURCE: Mortgage Coach
This press release is issued by Send2Press® Newswire on behalf of the Mortgage Coach, which is solely responsible for its accuracy. Information is believed to be accurate but not guaranteed. Story-ID: 76953 APDF-R8.2
© 2021 Send2Press®, a press release and e-marketing service from NEOTROPE®, California, USA.
To view the original version, visit: https://www.send2press.com/wire/mortgage-coach-integration-with-first-american-title-empowers-consumers-with-greater-insight-into-title-fees- during-loan-selection /
Disclaimer: The contents of this press release were not produced by the Associated Press (AP).
Copyright 2021 Send2Press Newswire