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 web app and LOS plugin!

Benefits of the FirstClose Web App and LOS Plugin:

  • 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 web app and LOS plugin:

Client | We experienced cost savings not only with product order placement, but also with the total cost of doing business. Not to mention, the reduction in closing time itself has also been a very significant area of savings.

Mike McNabb, VP of Consumer Lending, Langley FCU