Home Point Financial, is now offering a white-labeled digital HELOC product to customers that is powered by the Figure software as a service (SaaS) platform built on Provenance.
By originating HELOCs with Figure and Provenance, Home Point Financial can offer an improved customer experience while lowering costs, reducing risk, and enhancing financing execution throughout the loan process.
Home Point Financial is the newest customer licensing Figure SaaS, a loan origination system natively integrated into the Provenance blockchain. Figure SaaS offers loan origination platforms for home equity and first lien mortgages. All of these features will be fully integrated into Provenance to deliver origination, servicing, financing and capital market benefits.