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Prospective borrowers for home equity loans and home equity lines of credit have unique requirements, and one point-of-sale platform provider is helping lenders cater to them.
BeSmartee announced that its Home Equity POS enables HEL and HELOC prospects to access a set of self-service tools on mobile devices and web-based devices.
The Huntington Beach, California-based technology firm notes that its platform frees up lenders to customize the software to better suit their business needs. A “user-friendly design” reportedly guides borrowers who are looking to to consolidate debt, make home improvements or access home equity for other reasons.
“Transforming the traditionally drawn out second mortgage process, BeSmartee’s flexible, frictionless and fully automated Home Equity POS solution ensures a fast, easy and transparent lending experience for all,” the news release stated.
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