Blog
Author: Joey McDuffee
One Credit Union’s Blueprint for HELOC Automation
Read on to learn how a credit union drastically improved its mortgage and HELOC process by integrating Blue Sage’s Digital Lending Platform. This case demonstrates how built-in automation can transform member experiences and streamline lender operations. By automating backend tasks like credit checks, compliance, and employment verification, they cut manual work by 40% and empowered borrowers to apply and e-sign in under 30 minutes.
Using Rental History to Unlock Homeownership
Read on to learn about how Freddie Mac now allows lenders to consider positive rental payment history when assessing mortgage applicants, helping credit-invisible or thin-file borrowers qualify for home loans. This change, enabled by Blue Sage’s Digital Lending Platform, promotes greater equity and access in homeownership by integrating rental data directly into the loan approval process. With rising home prices and limited inventory, this innovation offers a timely, tech-driven solution to expand mortgage eligibility.
Why Legacy LOS Technology is So Costly
You get what you pay for, the saying goes. But in our industry, this rule doesn’t always apply. For instance, many lenders...
Smart Lenders Are Seizing Growing Home Equity Opportunities
It doesn’t take a genius to know that mortgage lenders are in a far more challenging place than they were one year ago....
Media Mentions
- Progress in Lending Association – Chevron Federal Credit Union Selects Blue Sage Digital Lending Platform To Enhance The Member Experience – July 9, 2024
- National Mortgage News – Tech wave addressing a drop in retention to historic low (subscription required) – February 23, 2024
- The Title Report – Blue Sage Solutions launches digital servicing platform – January 12, 2024
