Radian aims to shorten loan cycle times and increase transparency with title solution Radian Ready

Title reports can be confusing, while at the same time lenders seek to reduce time and friction in the loan origination cycle to remain competitive and provide their borrowers with excellent customer service. 

Radian provides lender customers with the service and speed they need to create quality relationships with their customers that can turn into repeat business. As a full-service title partner, Radian reduces hassle and provides greater value for loan originators, sales managers, vendor managers and lending executives. 

“Radian is disrupting traditional title processes and using technology and automation to create a better take on title,” said Grant Brittain, SVP, Title Sales. “We are reimagining title insurance and settlement services to produce a new experience that is streamlined, transparent and cost-effective.” 

In furtherance of this goal, Radian created Radian Ready to help its lender customers shorten loan cycle times, increase transparency and reduce friction with the title product. Radian Ready provides an instant clear-to-close to lenders in less than a day, as well as actionable items for both lenders and their borrowers to follow in order to clear remaining items quickly.

Radian Ready is a compliant solution that yields a standard ALTA loan policy meeting investor requirements. In addition to the standard ALTA commitment, the solution provides a clear summary of the title commitment and what issues, if any, need to be solved prior to closing. 

Radian Ready is written to make it easy for a junior processor or loan originator to review and discuss with their customer. Its simplified grading system provides clarity for consumers at every stage. When there are items that need to be cleared, the solution provides an exact breakdown of each issue and plain-language explanations of how Radian will solve them. 

When title is Radian Ready, the solution provides a cover page, a clear-to-close certificate and traditional title bundle documents, either as a single document or broken up as needed. 

Radian Ready uses technology to reduce cycle times for standard processes and increase efficiency and quality. On average, Radian Ready cuts the time to produce and clear title by 50%, eliminating unnecessary holdups in the underwriting and clearance process. 

Radian augments the efficiencies created by Radian Ready by investing in quality personnel who provide outstanding customer service. 

Consumers expect a smooth loan transaction that includes a minimum of touch points prior to closing. Radian Ready simplifies the title process, reducing those touch points for both lenders and consumers. 

“Radian is a standard of excellence in the mortgage industry. Customers choose Radian based on our long-standing reputation and dedication to quality service,” Brittain said. “They rely on our expertise to execute title orders accurately and consistently.” 

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Jill Cadwell, SVP, Title Operations

Jill Cadwell, a 30-year industry veteran, is responsible for building a digital strategy that continues to make Radian a pioneer in the industry, accommodating both lenders and customers.

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Grant Brittain, SVP, Title Sales

With 17 years of experience in roles across the title industry, Grant Brittain brings the voice of the customer and a deep knowledge of the title industry to his role leading the title and settlement sales team at Radian.

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