Synergy One Lending to Offer Digital HELOC

Synergy One Lending to Offer Digital HELOC
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SAN DIEGO, June 1, 2021 /PRNewswire/ -- Synergy One Lending, a lender committed to The Modern Mortgage Experience™, continues innovation within personal finance by announcing its launch of a digital Home Equity Line of Credit (HELOC) product powered by a blockchain-integrated artificial intelligence platform.
The S1LHELOC.com platform streamlines the HELOC process by allowing borrowers to complete a brief questionnaire, receive credit decisioning, set up payment options, and video chat with an online notary within a single interface. By incorporating blockchain into HELOC origination, Synergy One can provide access to up to a quarter of a million dollars in 5 days or less, while lowering costs, reducing risk, and improving financing execution throughout the loan process.

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