HELOC Origination Automation demo
Every home equity application on a property map: value, liens and income checked side by side, so the underwriter decides in days. 1:15
What the demo shows
A home equity solution for banks that checks property, title and income to decide HELOCs.
Agents check the value, the title and liens and the income and debts at the same time the moment a file is complete; the liens stack on the parcel, combined loan-to-value is computed live, and the underwriter decides and signs — without an appraisal when the AVM confidence allows.
Transcript
- HELOC Origination Automation decides home equity lines in days, checking property, title and income at once.
- By hand, a home equity line takes a month.
- The Whittakers want $185,000.
- Prius starts the checks on their street map, property, title and income side by side.
- The parcel lights up, valued at $612,000, five nearby sales, flood zone X.
- Tidal finds a 2021 credit union line never released.
- Counted in full, it breaks the limit.
- Rene's income fell, so the lower year counts.
- Debt-to-income is still 34%.
- Combined loan-to-value settles at 78%.
- Approve, no appraisal needed.
- Pre-assigns with three conditions, decided in two days, not weeks.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.