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Home Equity Lending Needs a Tech Refresh

In Credit Union Times’ recent article, “Home Equity Lending Needs a Tech Refresh,” written by Jeremy McCarty, Founder and CEO of Valligent, shared given the surge in the demand for home equity loans, credit unions should streamline valuation processes and find ways to differentiate themselves from competitors. 

The article highlighted a few ways to stand out from the crowd: 

  • Speed up valuations to close loans faster 
  • Improve valuation accuracy to optimize the lending opportunity 
  • Leveraging technology to increase operational efficiency and reduce costs 
  • Use virtual inspections to speed up valuations and more 

For more details, click here to read the article. 

If you’re interested in discussing the suggestions mentioned in the article, please contact communications@veros.com. Thank you for your interest. 

View the PDF copy of the CU article.

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