LendInvest adopts DirectID solutions to streamline lending process
Specialist property lender LendInvest has partnered with DirectID to enhance its credit assessment processes.
DirectID uses open banking data to provide risk managers with deep insights into their customers.
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By using DirectID’s solutions, LendInvest has simplified its process of verifying income and deposit funds and credit risk. DirectID said that it has also significantly reduced LendInvest’s underwriting times, providing a greater picture of the customers’ finances and enabling faster lending decisions.
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“DirectID’s expertise in open banking data for credit and risk decisions synergises perfectly with LendInvest’s technology-driven mortgage platform,” said Will Maciver, customer success manager at DirectID. “This partnership heralds a new era of credit assessment and enhances our efficiency in property finance.”
“By incorporating DirectID’s insights, LendInvest gains a competitive advantage, streamlining lending decisions with a more comprehensive view of customer financial profiles.”
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