loanDepot has partnered with Figure Technology Solutions to integrate Figure’s credit and loan underwriting engine into loanDepot’s mello platform, enabling faster home loan approvals and funding. This collaboration allows loanDepot to offer a 5×5 HomeLoan product that can approve loans in five minutes and fund them within five days, providing borrowers with quicker access to home equity compared to traditional methods.
Read the full article at HousingWire
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