When you’re writing a loan, having accurate and up-to-date information about someone’s salary is critical. You’ll want to know as much as you can about their entire earning history, so you can be assured that you’re extending capital to the right prospects.
Whether you’re at a bank, credit union, or other type of lender, you know that one of the most time-consuming and aggravating steps of the approval process is asset verification.
Today’s consumers are more discerning than ever. They use the web to shop brands and deals and can be extremely fickle about brand loyalty.
A house is often the biggest purchase you'll make in your lifetime, and there's a lot that goes into buying a home. A home buying checklist is a great way to tackle this daunting task. By following a home buying checklist, you'll get through the home buying process with flying…
As a financial technology company, Lendsmart provides complete solutions for lenders, credit unions, banks, and non-bank lenders. One of the programs we have a solution for is a home equity line of credit or HELOC.
The loan origination process is time-consuming and costly for both lenders and borrowers. The booming real estate market, partially pushed by low-interest rates that also generate a demand for refinancing, creates even more reason for lenders to speed up the process while remaining compliant with regulations.