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About Home Equity Express

Home Equity Express is a loan processing software from Coviance that automates the home equity loan process through configurable workflows. It provides data-driven decisioning, capable loan origination system (LOS) integrations, and onboarding support so lenders can improve efficiency and speed in loan processing. Home Equity Express is designed to align borrowers and lenders, ensuring a smoother transaction use. The platform also supports ongoing management of loans for better customer satisfaction. Key capabilities: configurable workflows data-driven decisioning loan origination system integrations onboarding support ongoing loan management Best for: lenders and financial institutions that need to simplify their home equity loan processing.

Home Equity Express Details

Vendor
Coviance
Year Launched
2015
Location
3001 Westown Parkway, Suite 200 West Des Moines, IA 50266
Deployment
cloud
Training Options
documentation, in person
Countries Served
All Countries
Languages
English, Spanish, French, Chinese
Users
Loan Officers, Mortgage Specialists, Residential Lending Managers, Compliance Officers
Industries Served
Credit Unions, Community Banks, Mortgage Lenders, Residential Lending Departments within Financial Institutions
Tags
Financial Services, Loan Servicing, Home Equity Express

Home Equity Express's In-App Market Place

Does Home Equity Express have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

No

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

Usd ($), Eur (€), Gbp (£), Aud (A$), Cad (C$), Jpy (¥), Chf, Sek (kr), Dkk (kr), Nok (kr), Sgd (s$), Hkd (hk$), Nzd (nz$), Ils (₪), Zar (r), Inr (₹), Rub (₽).

Pros & Cons

  • Ease of use with a simple workflow that makes loan processing faster and more efficient
  • Ability to track loan status in real time, improving transparency for both lenders and borrowers
  • Quick loan results with average home equity life cycle reduced to 11 days and shortest close in just 4 days
  • Online application process allows borrowers to instantly see tailored loan options
  • Instant property condition validation through borrower-submitted photos before approval
  • Inability to add notes in the section for remote notary.
  • Timeline improvements depend on borrower responsiveness and use of automated valuation or instant providers.

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