Mortgage Coach’s Total Cost Analysis (TCA) platform allows loan originators to analyze the total cost of loan options over the life of a mortgage loan. Originators can then coach homebuyers in understanding factors in the selection of the right loan option given their specific financial goals through charts and graphs.
Meanwhile, Tavant’s FinXperience – Retail is a set of user experiences and mobile applications for loan originators within mortgage lenders. It is a core component of Tavan’t VELOX suite.
The companies said the integration connects the two platforms and allows direct and automatic data transfer for their mutual customers.
“With the contracting market, lenders are looking for new and better ways to secure clients, and Mortgage Coach’s TCA has proven to be that differentiator,” Mortgage Coach President Joe Puthur said. “We’re excited to be working with Tavant to position more originators as expert consultants and help their borrowers make better, more educated decisions.”
“Tavant is excited to deliver this integration to our common customers delivering to them faster time to market and immediate interoperability, thereby, serving the prospective borrower on one side of the equation and the loan originator on the other side of the equation in a seamlessly connected ecosystem,” said Mohammad Rashid, head of consumer lending practice for Tavant.
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Mortgage Coach, a provider of software-as-service technology, has partnered with Tavant to integrate their platforms.