Fast Track Your Home Equity Experience in California

California is one of the most competitive home equity markets in the country. Borrowers are equity rich, digitally savvy, and increasingly targeted by fintechs promising fast funding and simple online experiences.


Coviance helps community lenders modernize home equity lending so you can approve faster, fund in days, and keep your members from looking elsewhere.

Win California’s Home Equity Market

California homeowners are sitting on unprecedented equity, but rising consumer debt and aggressive nonbank competition are reshaping borrower expectations. Credit unions that can move quickly and digitally are winning market share.

$348k

Average home equity per homeowner

$3.27T

Statewide tappable home equity

$151k

Average consumer debt per household
Traditionally, borrowers had to choose between a fast and digital process or a great borrower experience. We’ve made it so easy they no longer have to choose! Features like Instant PCR have allowed us to boost our efficiency, decrease the expense to our members, and improve the turnaround times.
Jessica Micheri

Vice President of Lending, Farmers Insurance Federal Credit Union

See How Fast Track Works for California Credit Unions

Fast Track is our purpose-built home equity solution designed for competitive markets like California. If faster funding and member retention are priorities, let’s talk.

Request your Home Equity Health Check

*"Funds to borrowers in under a week” and "Clear-to-Close in 48 hours" assumes the utilization of Fast Track automation, the loan progresses through all of the automation, and prompt cooperation by Applicant(s). Timeline excludes delays caused by Applicant(s), traditional valuations, or any solutions which require manual intervention.