LendingQB adds digital verification from Finicity to LOS

The tie-up improves speed and efficiency of the origination process

LendingQB adds digital verification from Finicity to LOS

Loan officers using the LendingQB loan origination system will now benefit from a new integration.

The platform has integrated Finicity’s digital Verification of Assets solution to speed up the origination process with real-time verification which also reduces the risk of fraud.

“Digitizing the loan origination process is the key to the future of lending,” said Steve Smith, Finicity CEO. “We’re proud to be one of the tech providers behind this movement and are glad to work with leading digital loan originators like LendingQB to help the industry evolve and improve the experiences for lenders and borrowers alike.”

Because the verification solution is delivered via the CRA framework, borrowers can directly obtain information on reports or resolve discrepancies.

LendingQB’s solutions layer the core platform with best-of-breed components to create the ideal solution for each lender.

“At LendingQB, we pride ourselves on our ability to seek out the best technology and partnerships to combine with our solution,” said Tim Nguyen, CEO of MeridianLink, the parent company of LendingQB. “This creates a competitive advantage for lenders that delivers a more meaningful experience to the people that really matter: borrowers.”