Impress your borrowers with a standout experience.
Borrower Experience
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Streamline
Lead-to-loan in days with Coviance’s intelligent automation. That means faster closing and more loan pull-throughs.
Engage
Lend at the speed of the borrower with fully integrated and automated messages, notifications, and tasks.
Empower
Eliminate manual work so you can stay focused on keeping your loan portfolio healthy.
Streamline
Streamline loan applications & closing
Engage
Automate communications with borrowers
Empower
Keep the borrower experience consistent
Unified borrower experience—from application to closing
Online Application
Empower borrowers to apply for a loan from your website and Coviance will present options you want them to see. Built for the borrower, and aligned to the lender.
Loan Progress Portal
Provide a configurable experience in which borrowers are assigned tasks automatically based on property data, communication triggers via email or SMS, and data flows back to the LOS.
Instant Property Condition
Enable borrowers to submit photos of their home to quickly validate the condition of the property before loan approval.
Automatic Document Exchange
Automate eSigning of disclosures and necessary documents—integrated seamlessly into the lending experience.
The platform brings everything you need to get a real estate transaction done from start to finish completely done. It’s all simplified and automated, including communicating to your borrower throughout the process.
Return on Investment
5-10 day
loan process instead of 60-90
300%
loan growth
38%
increase in closing percentage
Experience underwriting at its best— automated, adaptive, and fast.
Frequently Asked Questions
Can't find what you're looking for?
Coviance's software offers a number of features that enhance the borrower experience for home equity loans:
- Online application: Borrowers complete their application for a home equity loan online at their convenience.
- Secure document upload: Borrowers securely upload required documents electronically.
- Real-time status tracking: Borrowers track the progress of their application in real-time through a secure online portal.
- E-signatures: Borrowers electronically sign loan documents.
- Online communication: Borrowers easily communicate with loan officers through the online portal.
Coviance significantly improves the borrower experience for home equity loans in several ways. Our platform automates many manual tasks involved in the application process, such as document verification. Automation reduces the amount of time and paperwork required for borrowers. Coviance provides borrowers with a secure online portal to track the progress of their application and easily communicate with loan officers.
By streamlining the process and providing clear communication throughout, you can help borrowers feel more confident and comfortable moving forward with their loan application. This can lead to increased borrower satisfaction, higher application completion rates, and a positive reputation for your financial institution.