HELOCs are projected to double.

Is your lending department prepared?

With the number of American consumers expected to take out a home equity line of credit (HELOC) projected to double to 10 million over the next five years, lenders need to improve their digital offerings if they want to capitalize on the trend.

The digital experience is becoming increasingly critical to customer satisfaction, according to the new J.D. Power 2018 U.S. Home Equity Line of Credit Satisfaction Study.

Prepare your organization now with the FirstClose reporting suite!

Benefits of FirstClose Software Solution:

  • Increased automation
  • Reduced processing turn-times
  • Decreased loan closing times
  • Integrated with Loan Origination Systems
  • Reduced human error and duplicate data entry
  • Consolidated vendors
  • Scalable solutions for borrower demand
  • Standardized workflow
  • Improved consumer relationships
  • Minimal training needed for platform usage
  • Increased employee production level

Want to save money and reduce turn-times?

Let us show you the benefits of the FirstClose Report:

Client | FirstClose’s unique, comprehensive solution provides an effortless way to process all home equity loans and home equity lines of credit.

David Lancaster, VP of Lending, Pen Air