Collecting and verifying assets has never been easier for you and your borrower.
From either the FinLocker Form in Encompass or the Bank of England FastApp, your borrower can digitally load assets in three easy steps.
They will search for their bank, select the bank, and login to their account.
Once your borrower has digitally loaded their financial assets they will receive a Bank of England Vault. The Bank of England Vault is a great way to engage your borrower before, during and after the loan process. Through the share center, your borrower can share asset accounts and load and share important loan documentation.
Beyond Asset verification, you will also have stickiness and engagement with your customer for their next home loan or refi through their continued usage of their Bank of England Vault.