Partner HELOC for
Lenders
Keep customers within your current ecosystem and strengthen relationships. Capitalize on the market by originating HELOCs with attractive economics (and without market exposure), all while generating a new revenue stream.
Diversify your product offerings
By diversifying your financial solutions and offering a HELOC, you stay in the driver’s seat. Maintaining your relationship until a refinance or purchase makes sense again.
Capitalize on the current rate environment
By providing a financial solution to tap home equity, as an alternative to a cash-out refinance, you can strengthen your relationship with customers.
Add an additional revenue stream
Generate additional business by offering a HELOC to existing customers. No extra marketing dollars necessary. Diversify your company’s revenue sources without the overhead.
Protect your customer portfolio
Increase the lifetime value of existing customers, by offering them another more cost-effective way to unlock their home equity without giving up their low mortgage rate.
Our HELOC vs Traditional HELOC
| Our HELOC | Traditional HELOC | |
|---|---|---|
| Funding time | In as few as 5 days2navigates to numbered disclaimer | 45 days |
| Fixed rate3navigates to numbered disclaimer | ||
| 100% online application | ||
| Automated underwriting | ||
| Draw feature | ||
| Appraisal | AVM | In person |
| Title report | ||
| E-closing*navigates to table disclaimer | ||
| Disbursement | Full disbursement | Over time |
- * E-notary available in most locations but not all
Benefits for your customers
Get up to $400k1navigates to numbered disclaimer, with multiple repayment options to choose from, plus funding in as few as 5 days
Lower rates, compared to alternatives such as personal loans and credit cards4navigates to numbered disclaimer
100% online application, no appraisal/title, with e-Notary available in many locations
Prospect effectively within your existing customer database
One of the most important drivers of success is knowing what options are available to your customers. Quickly and easily prospect within your own database before reaching out to customers with the HELOC product.
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Provides transparency
See exactly what options might be available for your customer
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Builds confidence
Have confidence that you’re providing customers with an ideal HELOC
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Increases conversion
Appropriately prospect and conduct outreach to customers who may benefit from a HELOC