Lendbuzz’s Post

As a broker, you'll have the confidence to deliver what you promise. Here's how Deana left retail lending to blaze her own trail and most importantly, do right by her clients.

'One factor at play was Sharonview's attempt to better align its auto loan pricing strategy with yields on a similar investment, the two-year Treasury. That allowed the credit union to be better positioned to pay deposit rates that are competitive with other banks and credit unions, Brand said. In addition, Sharonview strategically aligned its indirect auto loan terms with loan investor appetite to ensure a continued source of funding for future indirect loans. "Overall, we have tightened credit guidelines to further enhance the safety and soundness of member deposits by limiting future risk exposures in the face of continued inflationary headwinds," Brand said.' #cupartner #fintech #lendingsolutions #autorefinance #lendingtrends #refinance #carloans #technology #fintech #gocaribou #caribou #puttingyourmembersfirst #creditunions #people #compliance #digital #experience #lendtech #unicornstatus #partnerships #lendingofthefuture https://lnkd.in/evEPrS_i

The automation and productivity gained through Touchless Lending AI is being applied across the product spectrum, conventional conforming GSE loans and by innovative Non-QM loans.

Fintech Company Yendo Expands Reach with Launch of Auto Refi Credit Card “There’s billions of dollars tied up in peoples’ cars, which are often the largest asset for many Americans, especially those that find themselves with limited lending options” said Jordan Miller, CEO and founder of Yendo. “We want to help consumers tap into the equity trapped in their car to gain access to prime rate credit and we’re thrilled to offer a product that allows consumers who don’t yet own their vehicle the option to refinance their loan with a Yendo credit card, saving them hundreds of dollars on their monthly auto loan payments in addition to unlocking the equity trapped in their vehicles. " https://lnkd.in/eiv8j7ec #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Check out this great article to learn more about CRIF Select and the state of lending!! #Auto #lending #Indirect #partnerships

6 Reasons Why You Should Rev Up Your Auto Loan Experience in 2024 with Lightico! Calling all auto lenders on here! In the world of fast cars and smooth rides, Lightico is your pit stop for an upgraded auto loan journey. 🏎️ No More Paperwork Hassles Our digital ID verification turns the loan process into a breeze, keeping it quick, easy, and secure for our road trip buddies – your customers! Teamwork Makes the Dream Work Imagine real-time collaboration between your agents and applicants. Collect docs, eSignatures, and payments seamlessly in one swift interaction. It's like a pit crew working together for that winning lap! Locked and Loaded Against Fraud Our superhero-level fraud prevention tools are your shield! Safeguard your business and customers with cutting-edge verification processes – because every hero needs a reliable sidekick! Smart Decisions, Sharp Turns Get the keys to data-driven insights for smarter decisions. Amp up your risk assessment game and fine-tune your lending practices based on real-time analytics. Navigate the road to success! Custom Fit, Tailor-Made We get it – every journey is unique. Lightico lets you customize your workflows to fit your business like a custom leather seat. Comfort and style – that's how we roll! On-the-Go Access Whether you're in the fast lane or taking a pit stop, Lightico is your co-pilot for a smooth ride. We've made sure it's user-friendly for both your agents and the stars of the show – your applicants! Embrace the auto lending revolution with Lightico – where every loan is a joyride! 🚗💨 #AutoLoans #RevolutionizeLending #LighticoDrive

🚀 Learn how CRIF Select Corp can help your financial institution give access to credit and enhance your customer experience with Indirect Lending. Stay ahead of the curve and level up today! #IndirectLending #Automotive #CRIFSelect 🔥

Exciting updates from LoanStar! Our MerchantLinQ platform now supports HELOC originations, offering better rates and flexibility for borrowers, and superior options for merchants and lenders. Stay tuned for more enhancements and growth opportunities! Read the blog: https://bit.ly/4cUEC8b #HELOC #MerchantLinQ #Lending #LoanStar

When it comes to commercial lending origination, many banks and credit unions are stuck with a "misfit toy" system. These systems, originally purchased and designed to support other business lines, have been twisted, turned, and tweaked in every direction, all in the quest for the elusive "one-size-fits-all" solution. Lenders, however, are not fans of this approach. They don't want to be asked to fill out a jigsaw puzzle of data fields that have nothing to do with their deal, just because "the system says so." When lenders have to roll up their sleeves and dive into these systems, their disappointment is palpable. It's like they are waking up on Christmas morning, tearing open a beautifully wrapped gift, only to find a cowboy riding an ostrich or a train with square wheels. Lenders need tools that help them move forward in their specific roles, not misfit toys that are broken, inappropriate, and not at all what they signed up for! So, if you're in the commercial lending business and are looking for a platform designed to keep things simple for your team and your borrowers, we'd love to chat about Crowe CX for Commercial Lending. So simple, that you’ll have a borrower portal running in 30 days, you’ll be managing the work of origination in 60 days, and you’ll have more insights into your commercial lending operation within 90 days. It is a gift for simplifying...Happy Holidays to all! #commerciallending #banks #bankingindustry #creditunions  

When it comes to commercial lending origination, many banks and credit unions are stuck with a "misfit toy" system. These systems, originally purchased and designed to support other business lines, have been twisted, turned, and tweaked in every direction, all in the quest for the elusive "one-size-fits-all" solution. Lenders, however, are not fans of this approach. They don't want to be asked to fill out a jigsaw puzzle of data fields that have nothing to do with their deal, just because "the system says so." When lenders have to roll up their sleeves and dive into these systems, their disappointment is palpable. It's like they are waking up on Christmas morning, tearing open a beautifully wrapped gift, only to find a cowboy riding an ostrich or a train with square wheels. Lenders need tools that help them move forward in their specific roles, not misfit toys that are broken, inappropriate, and not at all what they signed up for! So, if you're in the commercial lending business and are looking for a platform designed to keep things simple for your team and your borrowers, we'd love to chat about Crowe CX for Commercial Lending. So simple, that you’ll have a borrower portal running in 30 days, you’ll be managing the work of origination in 60 days, and you’ll have more insights into your commercial lending operation within 90 days. It is a gift for simplifying...Happy Holidays to all! #commerciallending #banks #bankingindustry #creditunions