Coviance
12 Case Studies
Case Study: Avestar Credit Union closes HELOCs in under 2 weeks with Coviance
A Coviance Case Study
Avestar Credit Union closes HELOCs in under 2 weeks with Coviance
Avestar Credit Union faced long and arduous loan processes due to an AVM vendor with poor customer support and no integrations for property inspections. To address this challenge, they turned to Coviance and its lending experience platform for home equity.
By implementing Coviance's platform, which featured intelligent automation, integration with IDS for processing, and a dedicated support team, Avestar Credit Union achieved a dramatic improvement in efficiency. The key result, enabled by Coviance, is that the credit union can now close a Home Equity Line of Credit (HELOC) in less than two weeks.
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