Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI) and LendingQB, announced today that Essent MI is the first mortgage insurance provider available to lenders through LendingQB’s 100% web‐based mortgage loan origination system (LOS). Lenders now will have access to Essent MI for delegated and non‐ delegated loans and real time rate quotes through LendingQB’s end‐to‐end LOS.   

“Essent is thrilled to be the first mortgage insurance company to provide direct and real‐time access to private MI for lenders and borrowers through LendingQB,” said Bill Kaiser, Essent Guaranty’s chief operations officer. “Delegated and non‐delegated customers will benefit from not having to leave the platform to check rate quotes and order MI and can feel confident in LendingQB as the loan system of record.”     

LendingQB’s LOS allows lenders to reduce costs while remaining in compliance with complex regulations and still offering competitive mortgage products.   Essent Guaranty is the first MI provider to offer lenders the ability to check rate quotes and order MI without leaving the LendingQB platform.   

“Another step in the evolution of Lending QB’s web‐based lending process is the ability to seamlessly offer MI through Essent Guaranty,” said Binh Dang, LendingQB president. “The MI integration goes a long way toward achieving our lean lending mission by automating processing steps and increasing productivity.   Also, the ability to effortlessly submit MI data offers a more efficient and effective mortgage experience for our lenders.”