Posted To: Pipeline PressIs every non-bank lender of any size looking at offshore options to save money? Perhaps, and underwriting costs and productivity are usually brought up in the conversation. It’s certainly a boon for consultants with specialized knowledge and who speak Tagalog or Hindi. And lenders ask, “If the fintech era is so revolutionary, why are lender costs up 61% since 2008?” Here are a few answers . Lender Products and Services Lendsnap is the consumer app of choice for Bank Statement lenders. Our partners close more loans faster because they automatically pull up to 24 months of original bank and investment statement PDFs. While other lenders and brokers make the customer work too hard, you will have a decisive advantage. When your customers don’t have to manually download and…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Michael Ayoub, Author NMLS ID 6631