Santander Bank Announces Partnership With Roostify For Digital Home Lending Platform

Santander Bank announced on Thursday it has joined forces with Roostify for its digital home lending platform, EZApply. According to Santander, the platform provides a “convenient” way for customers to apply for the bank’s home lending services. Santander further explained that the platform offers a streamlined loan application and fulfillment process for home buyers and owners during a purchase or refinance.

“Customers are able to submit a loan request online, share documents digitally and securely and receive real-time status updates, including outstanding action items, from application through to closing.”

While sharing more details about the service,  Pierre Habis, Head of Consumer and Business Banking at Santander Bank, stated:

“We want to simplify banking, and digitizing our mortgage and home equity process streamlines the whole lending flow and helps us customize how we engage with our customers based on their specific needs.”

Santander also revealed that since launching the EZApply platform in August, it has seen a significant decrease in the amount of time it takes to process mortgage and home equity loan applications, including the following:

  • Nearly half the time to approve loan documents
  • Nearly 40 percent faster to fund mortgage loans, from the time the application is submitted until it is funded
  • Home Equity Lines of Credit are approved in approximately 40 percent less time than traditional methods

Rajesh Bhat, CEO and Co-Founder of Roostify, added:

“Santander has been a great partner in driving innovation to improve their customer experience. Information exchange is a vital part of the home buying experience, and it can be a game-changer when done right.”

Sponsored Links by DQ Promote


 

Send this to a friend