SaaS technology provider Polly announced its integration with the six primary mortgage insurance providers: Arch MI, Enact, Essent, MGIC, National MI, and Radian.
By embedding each MI company’s quoting capabilities into its product and pricing engine, Polly “streamlines the process of calculating, quoting, and comparing MI offerings across all providers to save time and effort for the loan officer and mortgage lender, and ultimately, provide the optimal options to the borrower,” according to the news release.
Users receive a comprehensive list of rates, premiums, summaries on DNI impact, and more from each MI provider with one click. Polly’s cloud-native PPE will also provide an explanation when a quote is not provided, as well as actionable suggestions for changing parameters.
When a quote is selected, the user will instantaneously receive documentation from the applicable MI provider, according to the company. These integrations are part of Polly’s core service offering and require no additional spend by the MI companies that populate in the search results.