Essent Launches EssentIQ™ To Help Educate First-Time Homebuyers
RADNOR, Pa.–(BUSINESS WIRE)–Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI)
and subsidiary of Essent Group Ltd. (NYSE: ESNT), has launched EssentIQ,
the ultimate tool for loan officers wanting to reach the next generation
of homebuyers.
EssentIQ shows millennials and other first-time homebuyers how Essent MI
can help them start building home equity sooner by becoming homeowners
now.
Its data-driven design creates real-life solutions in real time to:
-
show the opportunity cost of waiting to save 20% down vs. buying now
with Essent MI - calculate the monthly payment for a loan with Essent MI
-
project how quickly homeownership will build equity and accumulate
wealth
EssentIQ also creates personalized presentations in an easy-to-read
format that can be saved, printed and shared.
“We designed EssentIQ specifically for loan officers as a way to start
conversations with millennials who may not be aware of the home buying
options that are available to them outside of the conventional 20%
down,” said Jeff Cashmer, Essent Guaranty’s chief business officer.
“EssentIQ also helps to make the case for homeownership by demonstrating
how it accelerates wealth accumulation versus waiting to save up a
larger down payment.”
Learn more about EssentIQ at www.essent.us/EssentIQ.
About Essent:
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company which,
through its wholly-owned subsidiary Essent Guaranty, Inc.,
(collectively, “Essent”) offers private mortgage insurance for
single-family mortgage loans in the United States. Essent provides
private capital to mitigate mortgage credit risk, allowing lenders to
make additional mortgage financing available to prospective homeowners.
Headquartered in Radnor, Pennsylvania and rated BBB+ by Standard &
Poor’s and Baa2 by Moody’s, Essent Guaranty, Inc. is licensed to write
mortgage insurance in all 50 states and the District of Columbia, and is
approved by Fannie Mae and Freddie Mac. Essent also offers
mortgage-related insurance and reinsurance through its Bermuda-based
subsidiary, Essent Reinsurance Ltd. Additional information regarding
Essent may be found at www.essentgroup.com.
Source: Essent Group Ltd.
Contacts
Essent Group Ltd.
Media Contact
610-230-0556
media@essentgroup.com
or
Investor
Relations Contact
Christopher G. Curran
Senior Vice
President ? Investor Relations
855-809-ESNT
ir@essentgroup.com
