Fast, Simple, and Innovative: Tavant’s Encompass® Solutions is what you need to Supercharge Your Mortgage Process
As the mortgage lending industry grows more competitive, efficiency and innovation have become a requisite for survival for lending companies – both big and small. Tavant, a global leader in digital transformation, empowers lenders to tackle these challenges head-on with its innovative Encompass® software. Positioned at the forefront of mortgage process transformation, Encompass® leverages AI […]
HELOC – The Bright Side of our Turbulent Times
Volatility is the Norm It’s been a crazy two years, for many reasons. Between February 2020 and January 2022, the mortgage industry witnessed something we never thought we’d see: 30-year fixed-rate mortgages below 3.5 percent. These rates attracted a record number of refinances, with cash-out refinances reaching $1.2 trillion by 2021. Then, in what seemed like an […]
How to Enhance the Online Mortgage Lending Experience
The old school: A Time-Consuming Manual Processes A recent study on mortgage lending hints that customer experience can be quite the differentiator when choosing a lender. These surveyed first-time homebuyers didn’t base their decision solely on “who gives me the lowest interest rate?”. Unexpectedly, they reported that finding positive testimonials and online reviews from other […]
Decoding the Future of Fintech Lending
It’s 2005, and Linda is all set to purchase her first home, her “starter home.” She knows finding that perfect home won’t be easy. On top of that she knows closing on her mortgage is going to be a time-consuming process. She is exasperated and dreading the thought of going through many cumbersome manual processes […]
5 Qualities of the Best Mortgage Lending Software
Other mortgage lenders are promising to complete the home loan approval process in as low as 24 hours. If you don’t understand how this is possible, your bank probably takes weeks to complete this process. What you don’t realize is that your competitors are using mortgage lending software. So, to keep up, you should also […]
Closing the Lending Gap with AI and ML- Adjusting to the Neo-Normal
Prior to the Covid-19 pandemic, the financial industry was already evolving at a rapid pace, mainly driven by evolving customer expectations, advancement in technology, and heightened competition from incumbents and new entrants. However, in just a few months, the crisis brought about years of change in the way companies in various sectors perform business. According […]
Building a Successful Customer Experience in Today’s Banking
Delivering similar experiences to Neobanks and Fintechs is not as challenging for traditional banks as some in the industry believe. The race is intensifying between Banks, Neos, and Fintechs vying for the customer’s attention and wallet! I’ve always been passionate about leveraging technology in building better products and witnessing how more and more financial brands […]
Decoding the CX Paradox in the Mortgage Industry
The Journey So Far The clock is ticking as more and more customers have started expecting the mortgage companies to offer advanced digital capabilities. Customer expectations for speed, agility, transparency, convenience, and personalization are getting elevated by their delightful digital experiences outside lending. Customer expectations are at an all-time high in every other area of […]
Tapping Digital to Deliver Exceptional Mortgage Experience
Though the COVID-19 outbreak has affected all sectors of the economy, it has particularly exposed glaring needs within the mortgage industry. These changes will undoubtedly rewrite many of the industry’s “traditional” practices moving forward into the rest of 2021 and establish a “neo-normal” standard going into 2022. Among the battery of revelations, digital transformation and […]
The Big Leap: Tavant Accelerates Growth; Surpasses Significant Milestones
2020 is now – finally – hindsight. It was undeniably a year of unprecedented disruption. Merriam-Webster recently announced that the Word of the Year for 2020 is pandemic. However, my personal vote goes to perseverance. Despite the challenges and twists and turns, Tavant is so proud to have achieved several major milestones last year –thanks to the […]
