IRVINE, Calif., Feb. 8, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a borrower conversion platform allowing mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, has expanded its relationship with the National Association of Minority Mortgage Bankers of America (NAMMBA). Through this partnership, Mortgage Coach and NAMMBA will develop materials that educate lenders on strategies that can improve the affordability of homeownership for borrowers. Mortgage Coach will also work with NAMMBA to cultivate greater racial and gender diversity among leaders in the mortgage industry.
As part of its expanded partnership, Mortgage Coach offers NAMMBA members exploring careers in the housing finance industry access to its interactive technology platform, which illustrates the costs and benefits of home loan programs. given the borrowers’ financial scenarios. Additionally, Mortgage Coach is committed to using its platform to support NAMMBA’s advisory services that help lenders better connect with communities and meet community housing needs, and is committed to continuing to advocate for policies and practices that reduce the minority homeownership divide.
“As a technology platform and corporate culture, Mortgage Coach is aligned with NAMMBA’s mission to cultivate a more diverse workforce in housing finance and strengthen engagement with underserved communities through to better homeownership outcomes,” said NAMMBA Founder and CEO Tony Thompson, CMB. “I look forward to expanding the impact of NAMMBA with the Mortgage Coach partnership.”
Mortgage Coach is a long-time supporter of NAMMBA initiatives. At NAMMBA’s inaugural conference in 2018, Mortgage Coach President Joe Puthur spoke about improving homeownership and borrower education. Since then, Puthur and Mortgage Coach Founder and CEO Dave Savage has been named NAMMBA Visionaries for pro bono providing executive mentorship and industry education to students of color pursuing careers in finance. housing.
“Mortgage Coach is passionate about building a diverse community of housing finance professionals and helping underserved communities build generational wealth with better finance outcomes,” said Mortgage Coach President Joe Puthur. “We are committed to equipping mortgage lenders with the technology and education needed to help underserved consumers benefit from homeownership. For example, Total Cost Analysis presentations that instantly model the impact of lower monthly mortgage payments with Fannie RefiNow or Freddie Refi Possible Loans and Mortgage Coach’s Spanish language borrower training each contribute to the success of the crucial mission of NAMMBA.
About the Mortgage Advisor:
Mortgage Coach is an award-winning borrower conversion platform that gives consumers the confidence to transact with educational presentations that model loan performance over time. The company’s side-by-side loan comparisons enable borrowers to make faster, more informed mortgage decisions while enabling lenders to consistently deliver an on-brand advisory home financing experience that increases borrower conversion, retention customers and references. To date, more than 120 mortgage banks, custodian banks, and independent corporate credit unions rely on Mortgage Coach to deliver personalized, modern service that increases revenue and builds customer loyalty. To learn more about Mortgage Coach, visit https://www.mortgagecoach.com or follow @MortgageCoach.
The National Association of Minority Mortgage Bankers of America is a purpose-driven organization dedicated to the inclusion of minorities and women in the mortgage industry who champion sustainable homeownership in local communities. To fulfill its mission, NAMMBA offers programs and initiatives aimed at bringing minorities and women into the mortgage industry, including recruiting, consulting, networking and training for companies and individual professionals. For more information, visit: https://www.nammba.org/.
Twitter: @MortgageCoach @NAMMBAConnects #mortgage
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NEWS SOURCE: Mortgage Coach
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