Roostify Expands Its Partnership With TD Bank

Mar 04, 2020

Digital lending platform Roostify has announced that TD Bank has added Roostify's home equity solution to the bank's digital home lending platform.

In 2019, TD Bank and Roostify partnered to launch a digital mortgage platform which has enhanced the bank's mortgage processing times to a best-in-industry average. The new home equity platform provides customers with an intuitive online platform for both home equity loans and lines of credit. Customers are offered educational resources to begin the application on their own or with the assistance of a mortgage loan officer.

“TD's partnership with Roostify has been instrumental in our continued effort to deliver legendary customer experiences at every touch point,” said Jon Giles, head of home equity lending at TD Bank. “With this latest enhancement, prospective borrowers visiting our website now have consistent, seamless interactions across all of our home lending products. Our business expects to see increased pull-through, accelerated time to close and gains in cost efficiencies.”

Rajesh Bhat, co-founder and CEO of Roostify, said: “Roostify has created the best possible digital lending experience for TD Bank customers and loan officers. “Customers use the same trusted platform to apply for a home equity loan as they use for securing a mortgage. Working independently, or with a loan officer, in an omni-channel environment, the borrower can now secure the loan that best meets their financing needs and preferences of engaging.”

About the author

NationalMortgageProfessional.com

Link copied

Published

Mar 04, 2020

Analysis and Data

Renters Don't See Homeownership In Their Future

Redfin report shows less renter confidence from a year ago

Confidence among one particular group of prospective homebuyers has dropped by 11% over the last year. That would be renters, of whom nearly two in five (38%) in the U.S. don’t believe they’ll ever own a home, according to Redfin. That’s up from roughly one-quarter (27%) ...

Analysis and Data

Lock-In Effect Shows Signs of Easing

Realtor.com's survey shows fewer prospective sellers feel locked in by their low interest rate.

Realtor.com’s headline “The Best Time To Sell is Here,” may sound like wishful thinking, but a new survey from the real estate marketplace shows 85% of homeowners have been anxiously waiting on the sidelines, waiting to sell for one to three years. In 2024, the golden handcu...