Business
National MI Integrated with Tyltest’s Lightning Estimates Tool
Private mortgage insurer to provide lenders with automated pre-application mortgage insurance estimates, allowing loan officers to deliver fast and accurate
About this update from Nmi Holdings Inc
[{"type":"text","content":"Private mortgage insurer to provide lenders with automated pre-application mortgage insurance estimates, allowing loan officers to deliver fast and accurate quotes to borrowers \nEMERYVILLE, Calif., Dec. 17, 2019 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced that it is now fully integrated with Tyltest’s automated estimate tool, Lightning Estimates, which creates accurate mortgage estimates that can be completed in minutes. National MI is one of the first private mortgage insurers to integrate with Lightning Estimates.\n Lightning Estimates is a web-based application that offers a fast, efficient way for loan officers to compare mortgage insurance rates, pull title and government fees, and automatically include standard lender fees that they can provide in estimates to their borrower customers. “The Lightning Estimates application provides lenders with accurate mortgage insurance rate quotes in the early stages of the loan process, before the borrower has made a decision, which makes it a particularly valuable tool,” said Norm Fitzgerald, senior vice president, national field sales for National MI. \"It’s also easy to use and saves loan officers time, so it fits perfectly with our mission to deliver a better mortgage insurance experience for our clients.” Tyltest was founded by Tyler Satre, a former loan officer who saw a need for a tool that would provide accurate mortgage estimates to borrowers so they could compare multiple loan scenarios. “The National MI integration helps lenders gain access to faster, more reliable mortgage insurance quotes,” Satre said. “I share National MI’s interest in helping lenders and loan officers save valuable time for both themselves and their customers, and I’m proud to partner with a company that embraces technology to make it happen.” About National MINational Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower’s default. To learn more, please visit www.nationalmi.com. Cautionary Note Regarding Forward Looking Statements This press release contains forward looking statements...