Mortgage Coach launches the Advice Engine making it faster and easier to create a Total Cost Analysis.

Christine Press Release

Mortgage Coach introduces the next generation platform to create borrower loan advice faster and smarter. It delivers visual loan comparisons in seconds, includes pre-configured strategy templates and supports 20 available integration partners.

Mortgage Coach, digital innovator in mortgage lending, announced today the successful launch of their next-generation borrower conversion platform – the Mortgage Coach Advice Engine. The new experience significantly improves lender productivity by presenting loan options and advice with a proven Total Cost Analysis (TCA) presentation 50% faster.

“Our goal with the new Advice Engine is to create more closed loans for every Mortgage Coach member. Accurate, detailed, and visual loan comparisons can now be delivered in seconds with new pre-configured strategy templates and over 20 available integration partners. The Advice Engine applies instant best practices to any origination workflow, allowing sales conversations to focus on the financial insights needed to earn commitments from every opportunity faster,” stated Joe Puthur, President of Mortgage Coach.

The Mortgage Coach Advice Engine incorporates suggestions from thousands of members including the addition of hundreds of in-product learning lessons, dedicated loan officer assistant logins, one-click access to real-time market insights, and seamless data integrations.

“Today’s mortgage landscape is more competitive than ever. There are non-traditional digital technology providers who have entered the market, requiring all professionals to rapidly improve speed and accuracy when responding to every home loan financing opportunity. With the new Mortgage Coach Advice Engine, local, referral-based loan originators are equipped to provide borrowers with superior advice exceeding demands and expectations,” said Dave Savage, CEO of Mortgage Coach.

Mortgage Coach Enterprise Lenders now have access to the Mortgage Coach Advice Engine. Visit Mortgage Coach at http://www.mortgagecoach.com/ae to learn how this new innovation enables lenders to present loan options differently and grow profitably.


About Mortgage Coach Mortgage lenders, banks, credit unions, and mortgage brokers rely on Mortgage Coach to turn borrower education into a competitive advantage. The Mortgage Coach advice platform helps mortgage professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting http://www.mortgagecoach.com or contacting sales@mortgagecoach.com.

Mortgage Coach Total Cost Analysis Now Integrated with ClosingCorp’s SmartFees

Christine Press Release

Seamless Integration Provides Accurate Fees Allowing Loan Officers to Better Advise Potential Borrowers

Mortgage Coach, a provider of enterprise online and mobile applications designed to improve mortgage borrower conversions, has completed an integration with SmartFees® from ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries.

The Mortgage Coach Total Cost Analysis (TCA) is a multi-platform solution that allows loan officers to share and compare purchase and refinance loan options with potential borrowers. ClosingCorp’s SmartFees provides real-time, third-party provider rates and fees from over 20,000 service providers in the ClosingCorp Network. With this integration, hundreds of detailed line item fees will be instantly available in the Mortgage Coach TCA. This will allow loan officers to better educate prospects by providing them with accurate rates and fees for every type of loan option—and ultimately help convert those prospects into customers.

“Historically, fee management has been challenging for the mortgage industry. Lenders that prioritize ease of use and accuracy have had only a select group of elite third-party data providers to choose from,” said Joe Puthur, President of Mortgage Coach. “Today, nearly 50 percent of Mortgage Coach enterprise clients choose to put their trust in ClosingCorp to manage all aspects of these required fees. Using ClosingCorp SmartFees, Mortgage Coach clients can instantly populate all available fees of each specific loan option within any Total Cost Analysis, saving precious time for thousands of our users.”

Finance of America Mortgage, a national, full-service mortgage banker offering a diverse portfolio of home loan products, is currently using the Mortgage Coach TCA and ClosingCorp SmartFees. “Having instant fee information available earlier in the mortgage process, allows our loan officers to provide faster service and detailed insight for any prospect. The Mortgage Coach platform enhanced with ClosingCorp’s data supports our wide array of loan products and fee rules, making everyone more efficient and productive,” said Dan Catinella SVP, Director of Business Technology for Finance of America Mortgage.

“For lenders looking to improve productivity and reduce regulatory risk, having innovative technology in place that delivers greater cost transparency is a necessity. Our integration with the Mortgage Coach TCA provides these benefits instantly,” said Gerardo Caceres, SVP of Operations & Product Management at ClosingCorp. “By populating real-time fee information for every type of loan scenario, together we ensure loan officers can better advise customers and those customers can be confident that they’re making an informed decision.”

As independent lenders, banks, and credit unions diversify their loan products, accuracy and advice have never been more important. Lenders choosing the Mortgage Coach TCA can now use ClosingCorp SmartFees for unparalleled transparency to create an instant competitive advantage.

The Mortgage Coach/ClosingCorp integration is available now. Visit http://www.mortgagecoach.com/closingcorp to learn more about how this integration allows lenders to leverage instant fee automation to improve borrower conversion.


About Mortgage Coach
The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting http://www.mortgagecoach.com or contacting sales@mortgagecoach.com.

About ClosingCorp
Headquartered in San Diego, Calif., ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies, and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit http://www.closing.com.

Financial Planner Pro

Robyn Danpoonsub Blog

Craig Strent has made a career out of serving Financial Advisors and has closed more than $1.25 billion in loans. Watch this interview to learn how he’s turned his advice experience into a competitive advantage.

Mortgage Coach Accelerates Growth in Home Lending for Nation’s Credit Unions

Christine Press Release

With the addition of Patelco Credit Union, Mortgage Coach continues to accelerate and grow mortgage home loan financing for leading Credit Unions nationwide, helping millions of CU members across the country. The Mortgage Coach Total Cost Analysis advances a Credit Union’s commitment to providing every member with personalized service and home loan education, while providing a significant increase in mortgage volume.

IRVINE, CALIF. (PRWEB) APRIL 25, 2019

“Here at Patelco, we are committed to extending the best available education, tailored to meet the specific financial goals of every member. With a personalized Total Cost Analysis experience, every member can receive our professional advice accompanied by simple charts and graphs that analyze competitive mortgage loan options anytime, anywhere, on any device,” said Andrew Kush, Director of Mortgage Sales at Patelco Credit Union.

Credit Unions are implementing the Mortgage Coach to immediately expand traditional member communication in the most relevant digital channels available today. Marketing and delivery of the Mortgage Coach Total Cost Analysis is instantly accompanied by the professional advice of the Credit Union home loan consultant, including accurate tailored mortgage options for each member. With a simple “share,” the Total Cost Analysis is available through text, video, social media, or any mobile banking platforms.

As Credit Unions expand mortgage loan offerings to their members, Mortgage Coach streamlines and removes steps in the process to enhance the member experience. The Mortgage Coach TCA uniquely combines the most crucial technology requirements of modern mortgage lending with the dedication to transparency found at every Credit Union, creating an instant competitive advantage for these key community lenders.

“The visual presentation helps me to show our members the benefits of homeownership and easily see that their family can actually afford to leave their rented apartment today, rather than wait years like they thought. We promote the availability of the Mortgage Coach Total Cost Analysis as a service to our members in each of our branch locations. We let our members know our goal is to help them achieve their goals for homeownership,” shared Carlos Miramontez, Vice President of Mortgage Lending at Orange County's Credit Union

Credit Unions of any size in any state can easily deliver the highest quality advice possible with the comprehensive education and competitive product options their members deserve using the Mortgage Coach Total Cost Analysis.

“Our members have very limited time and responsibilities of the highest order. Being able to address their home financing questions quickly and in a user-friendly way with a complete TCA has been pivotal in helping our members make educated decisions,” said Jeff Klein, Assistant Vice President of Mortgage Lending at Congressional Federal Credit Union.

Mortgage Coach invites any Credit Union leader to request a free member success evaluation. Visit https://mortgagecoach.com/creditunions/ for more information.


About Mortgage Coach:

The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting http://www.mortgagecoach.com or contacting sales@mortgagecoach.com.


Read the article at PRWeb.

Mortgage Coach and SocialSurvey Partner to Improve Borrower Experience and Drive Increased Revenues for Lenders

Christine Press Release

Mortgage Coach, the borrower conversion platform for the mortgage industry, completed an integration with SocialSurvey to bring the trust established with reputation managements and the commitment created with accurate loan advice together. The partnership benefit created by Mortgage Coach and SocialSurvey offers an instant view of a lending professional’s most recent positive review within every Mortgage Coach Total Cost Analysis (TCA) and a link to more reviews; without leaving the TCA.

IRVINE, CALIF. (PRWEB) APRIL 05, 2019

“Studies have shown that 88% of consumers trust online reviews as much as they trust recommendations from friends and family. Integrating LO reviews into the Mortgage Coach TCA delivers a better borrower experience to build trust to move forward in the transaction faster and increases immediate borrower referrals,” said Scott Harris, CEO of SocialSurvey.

Delivered digitally to a mobile device or accessible on the Web, borrowers receive a Total Cost Analsyis with simple graphs and personalized video narration, along with short and long term financial details on multiple loan options supporting the homebuyer’s specific goals. Now, in a single user experience, the borrower can view not only pertinent financial advice but also social proof of the integrity, quality, and customer satisfaction rating from previous homebuyers who have worked with the Loan Originator.

“By having SocialSurvey results embedded directly in the TCA experience, no one will need to search for reviews to benefit from them anymore. Every TCA presenation will include client reviews, combined with tailored loan options, measurably helping a Mortgage Coach powered professional to convert more loans, more often,”said Joe Puthur, President of Mortgage Coach.

This year SocialSurvey released their Top Performers, 250 of the best mortgage professionals based upon Customer Satisfaction. Seventy-two of these best rated producers nationally already use the Mortgage Coach Total Cost Analysis to help borrowers make a more confident decision.

“All consumer demographics, not just millennials, depend on online reviews to make major purchases. By presenting clear, compliant mortgage options together with actual reviews from local borrowers, these professionals are meeting customer demands proactively,” observed Kristin Messerli, founder of Cultural Outreach, a firm dedicated to helping lenders reach all prospective borrowers to increase sustainable homeownership. “Based on expected buyer behavior, it is no surprise so many SocialSurvey Top Reviewed Performers provide advice with Mortgage Coach.”

Scott Harris adds, “We recognize Mortgage Coach clients as the top professionals in the business. Our philosophy has always been reviews collected by Loan Originators should be shared in as many relevant places as possible. A lender using SocialSurvey and Mortgage Coach does not have to do anything to take advantage of the added value. It just works.”

The Mortgage Coach SocialSurvey integration is available now, putting the power of your reputation and advice in the hands of every borrower. Visit Mortgage Coach at http://www.mortgagecoach.com/socialsurvey to learn how the integration can help you improve borrower conversion and increase revenue by better promoting your personal brand and reputation.


About Mortgage Coach
The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about how to add the power of Mortgage Coach to your lending platform by visiting http://www.mortgagecoach.com or contacting socialsurvey@mortgagecoach.com.

About SocialSurvey
SocialSurvey helps companies create WOW by measuring customer, referral partner and employee sentiment through automated workflows. SocialSurvey turns the true voice of the customer into a lender’s #1 ROI tool. This translates into process improvement, social sharing, third-party reviews, automated complaint resolution, new business creation and recruiting success. SocialSurvey is now available for lenders, real estate companies, insurance agencies, and auto dealers. Visit https://www.socialsurvey.com/ to learn more and request a demo.

Realtor Seller Buydown Strategy

Robyn Danpoonsub Blog

Here's Jeremy’s Seller Buydown Total Cost Analysis: https://mcedge.tv/1cdyne
 
MOST RECENT Dan Kellers’ Seller Buydown Strategy for Realtors: https://mcedge.tv/1cemul
 
 
Below’s the email Jeremy sent to 500 Realtors on 10/4/2018 Subject:
 
Subject: New Market New Solutions
 
The Market has new needs and I have a new solution! I am seeing many buyers get scared and backing out because of higher rates. I am also seeing Sellers holding on to overpriced listings. We need to get the buyers and sellers to meet in the middle for a WIN/WIN.
 
Below is a link with an example of a seller buy down for a buyer: https://mcedge.tv/1cdyne