With prepayment speeds increasing due to Big Finance the Patented Reset Solutions will help Credit Unions and Banks mitigate runoff. Rate Reset helps Financial Institutions be proactive and not reactive when it comes to retention of their lending portfolios. The Reset Solutions completely eliminate the process of a traditional refinance. Our patented fully automated Reset Solutions will save Financial Institutions back office time and cost while providing a friction-less personalized experience for their consumers.
How it Works
There are 3 simple steps on how to use the Reset Solutions. This entire process can be automated.
1. The Financial Institution will query their loans to see who should be eligible for a Reset offer.
2. The Reset offers will be sent to consumers through our built in Omni-channel marketing capabilities.
3. The consumer will digitally review, sign and accept the offers in less than 90 seconds. The accepted offers are then funneled back to the Financial Institutions Core.