The National Mortgage Insurance Corporation has teamed up with Cloudvirga to provide its customers with direct access to National MI’s Rate GPS via Cloudvirga’s technology platform.
National MI announced Thursday that it is now fully integrated with Cloudvirga’s digital mortgage origination platform for retail and wholesale lenders.
According to National MI Chief Sales Officer Norm Fitzgerald, the integration increases transparency, cuts costs, and reduces the time it takes during the lending process.
“National MI is very pleased to be joining forces with Cloudvirga,” Fitzgerald said. “The integration reduces the time from application to closing for loan originators, brokers and consumers. National MI continually strives to help make the mortgage process easier for both lenders and borrowers, and this fits in perfectly with that objective.”
“We are excited to be able to offer originators a seamless and digital pathway to obtain mortgage insurance information from National MI while they are structuring the most optimal loan for the consumer,” said Kyle Kamrooz, co-founder of Cloudvirga.