We are excited to announce that we have released an improved model for our predictive analytics platform, Mortech Protection. With this platform you can leverage Zillow’s data of more than 195 million unique website users to better align yourself to be the first lender to reach out to potential home sellers. Our new model will allow Mortech to identify a population of addresses within your customer database that are very likely to list for sale, of which 1 in 4 homes will list in the next 90 days.  

With 61% of today’s home sellers being synchronous sellers (sold a home and bought another in the past 12 months), according to Zillow Group Consumer Housing Trends Report 2018, being able to flag properties in your customer database that are currently listed for sale, or are very likely to list for sale in the near future can lower the chance of these properties dropping out of your mortgage loan portfolio.

With 53% of buyers using online resources when looking at financing options, according to Zillow Group’s 2019 Consumer Housing Trends Report, having mortgage rates from Mortech’s pricing engine integrated into your digital point of sale platform is a great way to present a consistent experience throughout the loan process. With point of sale integrations, Mortech is looking to improve the digital mortgage experience not only for lenders, but home buyers too.

Singular platform throughout application process

The mortgage application process can be daunting for many, especially for new buyers. Millennials specifically, are looking to do everything online including researching mortgage rates. 

Quoting rates online through our Marksman platform has never been easier! You are able to quote the products you want, when you want to the industry’s top online marketplaces. There are many positives to online quoting and when integrating all or most of the below strategies into your current workflow you will be setting your business up for the most success when it comes to lead management and brand visibility.

Mortech’s integration with Encompass® by Ellie Mae® helps provide lenders with a pricing engine and secondary desk all in one. Eliminating the need for manual data entry you are able to automate the transfer of detailed loan pricing information from Mortech to Encompass. You are also able to create a custom, detailed experience that fits your business’ needs, because we understand that not every business is the same.

In July we launched a new release within Encompass that brought with it exciting new enhancements within theintegration. These new features have taken into account your feedback on the integration as well as added new updates that customize the experience even more.

This week on Meet Mortech: Customer Success Managers we want you to meet our newest team member, Emily Meeske!

Favorite part of the job: This job keeps me on my toes! I learn something new every day. 

Favorite things to do on his days off: I like to spend my days off with friends or family.

Favorite place to travel: Anywhere with a beach!

 
Advice for using our pricing engine: Don't be afraid to play around within the system. Practice makes perfect!

To learn more about Marksman, click here! https://www.mortech.com/mortgage-pricing-engine

The world we live in today is moving more digital with every passing minute. To keep ahead of your competitors and to make sure that you are always in front of potential customers you must have some sort of digital presence. These terms apply to the mortgage world as well! According to Zillow Group’s 2018 Consumer Housing Trends Report, more than half (55 percent) of all buyers who obtain a mortgage use online resources to seek out financing. This feat mi

ght seem daunting, but with Mortech’s Rate APIs it could never be simpler.

Full Rate Table Customer Experience

Pull all of your loan options along with the rates that go along with each scenario into a full rate table onto your website. This gives your customers the full shopping experience with having all of the information in one place where they can match their needs to what you offer. Creating this easy to use customer experience can help drive revenue growth for your business.

We are excited to announce that Mortech is partnering with Blend, a digital lending platform that helps grow a lenders mortgage business by streamlining workflow and closing loans with customers faster than ever. Customers are given an easy-to-use application that helps them understand the mortgage process. With this new integration, the two solutions are looking to improve the digital mortgage experience not only for lenders, but home buyers too.

The point of sale integration between Mortech and Blend went live in early June. This partnership is looking to seamlessly bring together your digital mortgage experience by centralizing data and documents needed to complete a loan along with access to mortgage quotes from our pricing engine.

Looking for an easy way to save your time and money when it comes to marketing to your current customers? Our predictive analytics tool, Mortech Protection, helps you identify customers in your database who are in need of a new mortgage to finance their next home. You then can use the data we provide you to better align yourself to be the first lender to reach out to these customers before they drop out of your mortgage portfolio.

Our pre-MLS data helps you be informed earlier in the process when someone is looking to sell their home. With this information you can increase your chances to be the first touch for these soon to be home sellers before their homes hits the MLS. Knowing which customers are likely to sell in the next 90 days can cut your marketing spend almost in half when you have a smaller, more precise group to market to. Various outreach marketing practices can help you get your name in front of these customers, here are a few of our examples that can help you engage your customers with the right message at the right time.

Your current audience is going online to research mortgage financing options. Are you positioned to provide them with the mortgage offers they’re looking for? By partnering with Mortech there are countless opportunities to grow your consumer audience. We can help you implement mortgage offers on your website and help grow your consumer audience in a way that seems fit to your business.

Personal Finance Sites

You already have access to your registered customers financial profiles, why not offer them even more? With the use of Mortech’s APIs you can use the data you already have to find the most valuable and timely mortgage offers that will be relevant for your customers.

Are you looking to explore a new vertical to help challenge your current business strategy? By becoming a Marketplace Partner with Mortech you have the opportunity to integrate with our pricing engine as well as have access to our customer portfolio of the nation’s most experienced online lenders. We can help you implement mortgage offers on your website and help grow your consumer audience in ways you didn’t think were possible. The possibilities are endless on what you can accomplish by becoming a Marketplace Partner.

Connect with Lenders & Provide Accurate Rate Data

Connecting to lenders is one of the keys to providing your customers with daily mortgage rates that they are looking for. Without lenders you have no customers coming through your door, therefore no steady revenue. By becoming a Marketplace Partner you will have access to our 100 experienced online lenders! Your customers also will love all of the scalable solutions that are offered to them if you are integrated with us. Mortech is scaled to handle and respond to every customer request submitted and provide a response quickly for your customer to review.