Prepare for a purchase market and create efficiencies within your mortgage experience

Even with lower supply, real estate agents are seeing higher than normal demand this early in the year. In January, purchase loan application volume rose 2% from week one to two, according to the MBA. Looking into the spring, is your financial institution ready for the uptick?

Consumers want to work with lenders who cover the full range of their home-buying needs. They are looking for online and self-help capabilities as well as faster loan originations. Simultaneously, they need lenders who will handle essential mortgage services, such as ordering appraisals or property titles, which they are less concerned about. Independent lenders picked up 63% of mortgage financing in 2020 for such strengths.  

In this webinar, learn how you can streamline the entire borrower experience from application to close, with the help of an open platform with mortgage services. By using APIs to connect internal banking systems with a world of third-party products and information, financial institutions break down informational silos and acquire greater visibility across customers. The result is a deeper level of insight, driving more targeted consumer engagement.

Join Finastra in this webinar as we discuss:

• What is an open platform and how can APIs enhance the experience for both borrowers and lenders
• How mortgage services such as flood and credit can be connected to give borrowers a unified journey
• How to be ready for the purchase market with your own online application
• What are the efficiencies mortgage processors gain that will benefit the lenders