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By Brandi Hamilton
Let’s face it, speed and consistency can make or break a deal. If you’re slow to gather information or return a decision, the borrower may be on to the next lender.
Did you know that by leveraging relevant data, including income and employment verification, at every stage of the lending process, you can boost the borrower experience—and potentially your revenue? Here’s how:
Automating workflows makes for a faster loan origination process, from application through funding
Fast response times means approvals back to dealers faster
The bottom line? Leveraging up-to-date data instantly can significantly lift conversion rates, which in turn, could mean more happy customers.
Learn more in our eBook “Automated Income and Employment Data Could Fuel More Conversions.”