Having alternatives is always a good thing. Of course, when things don’t go as planned, have the ability to find better rates, better terms, and better support is critical. NIW protects our clients by having a wide range of banking relationships.
In the last banking crisis as many banks stopped lending, NIW actually added lenders to the list while continuing to process new and fund existing cases.
Clients require confidence that lending will be available throughout the life of the financing transaction. NIW has an extensive list of lender partners allowing us to negotiate better terms and have multiple alternatives should one lender not renew at competitive terms.
This factor, combined with our best of breed servicing, helps contribute to NIW having the highest case persistency in the industry.
A Multi-Lender Platform has been a core strength of NIW since 2003.