TFCU Selects Appraisal Firewall® Verisite Property Inspection Tools to Accelerate Loan Origination Process
Summary
SPOKANE, Wash.--(BUSINESS WIRE)--Mortgage technology provider SharperLending® announced today that El Paso Area Teacher’s Federal Credit Union (TFCU) has selected its Appraisal Firewall® Verisite mobile property inspection solutions as the primary platform for gathering collateral valuation data for its construction, Texas equity lending, and home improvement loan programs. Lending departments at TFCU will use the secure, web and mobile-based Verisite system to order, receive, and run QC in a more efficient manner with the AVM and valuation products necessary for qualifying loan programs, providing faster closings. “Verisite will help us realize tangible gains in processing efficiency on our qualifying loan programs,” said Rick Pustejovsky, VP of Real Estate and Business Lending at TFCU. With ten local branches, over $740 million in assets, and 65,000-plus members, TFCU, today, is as dynamic an organization as the membership it supports, offering great, low loan rates, high-interest dividends, and free financial education. The mission of TFCU is to be El Paso’s premier financial institution through trust, education, and excellent member service, stimulating personal enrichment and community economic development.