Product Hatching Ideas

Change strawman Bankrate check for VA to 95%

Bankrate will only accept the highest LTV tier for VA products.  Right now, we validate products for Bankrate at 80% LTV.  Therefore, no Mortech lender advertising on Bankrate, can advertise VA products. 

  • Dennis Lollman
  • Feb 2 2017
  • Shipped
Workaround Present No
Impact to Existing Customers Multiple
  • Attach files
  • Admin
    Lori Rezac commented
    February 20, 2017 19:03

    First Internet Bank and Midwest Equity are impacted by this. This was originally defined by Bankrate and is only a problem on VA products.

    VA products are becoming more important as many lenders are starting to focus on more niche products.  This causes our customers to appear less competitive.

    This was noted as being a quick fix.

  • Admin
    Lori Rezac commented
    April 13, 2017 16:22

    research ticket would probably be needed.