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By Brandi Hamilton
The last thing a lender wants is to lose potential customers due to inefficient in-house loan decisioning processes. Yet that’s so often the case when verification processes aren’t automated. But the customer wants instant gratification—an answer to his/her loan application within minutes—or they’re onto another lender.
Fact is, integrating and automating income and employment verifications makes for a faster loan origination process, from application through funding. Plus, it gives approvals back to dealers, potentially without stipulations. The bottom line?
Make faster, better informed decisions
Instantly see up-to-date information
Get the big picture of a customer’s financial history
Respond to loan applications quicker
Close more deals, faster
Learn more in our eBook “Automated Income and Employment Data Could Fuel More Conversions.”