Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., and LendingQB, a provider of 100 percent web browser-based, end-to-end mortgage loan origination software (LOS), have expanded their partnership to offer lenders easy access to non-delegated MI and appraisal services.
These integrations are designed to provide lenders with simple access to best-of-breed settlement services, the companies said.
The Radian integration allows lenders to order MI for delegated and non-delegated loans and get real-time rate quotes directly via one process through the LendingQB LOS.
ValuAmerica, a subsidiary of Radian Guaranty’s sister company Clayton Holdings, provides an integration for lenders to order appraisal directly through LendingQB.
“At Radian, we are always looking for ways to make it easier for our customers to do business with us,” Radian Chief Franchise Officer Brien McMahon said in the company’s news release. “This expanded partnership is a clear win for Radian’s customers utilizing the LendingQB LOS, because it will provide a broader selection of services that can be delivered efficiently, helping lenders make their operations as lean as possible.”
The integrations further enhance Radian and LendingQB’s commitment to simplifying the loan process, the companies said. Clients have the ability to order appraisals as well as upload documents and track the status of their orders using Radian’s online portal.
“Providing easy access to Radian’s products makes the lender’s process more efficient,” LendingQB President Tim Nguyen said. “The ability to obtain quotes and submit orders for appraisals, non-delegated and delegated MI within our LOS saves lenders time by simplifying the origination process. It demonstrates how two companies can align their technologies to help lenders improve the overall lending experience.”