LKCS Announces Reseller Agreement with Lenderful Solutions

LKCS, a marketing partner for community banks and credit unions nationwide, will now offer Lenderful Solutions‘ white-labeled self-service point-of-sale mortgage and consumer lending solutions to its existing and new customers.

The licensing agreement means the LKCS national sales team will offer mortgage and consumer lending products featuring Lenderful’s “secret sauce” technology that engages borrowers early in the sales cycle, nurtures satisfaction with the lender’s brand and generates quality leads, applications and loan officer appointments. LKCS will license Lenderful’s Digital Mortgage Solution , PreQual Express and Digital Home Equity products.

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Sid Haas, LKCS Vice President of Business Development, finds Lenderful’s simple, elegant software, optimized for mobile and desktop, is sized and priced appropriately for the needs of community banks and credit unions. “Our customers need cost-effective solutions that don’t disrupt their entire back-end operations,” he said. “Lenderful’s software can be deployed online, on desktops, and in branches – really anywhere – in a matter of weeks.”

Lenderful CEO Robb Gardner said the arrangement makes sense. “LKCS has been partnering with credit unions and community banks for decades,” he said. “Our expertise is in creating a superior customer experience that allows consumers to get a mortgage on their own time and own devices, and we’re excited to see how LKCS can expand the availability of our best-in-class technology.”

Lenderful’s Digital Mortgage Solution is a white-labeled, self-service online mortgage solution for borrowers to learn, shop, select and apply for a home refinance or purchase loan, and offers the ability to set up an appointment with a loan officer. Chat features are also available.

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PreQual Express, which can be deployed as part of Lenderful’s Digital Mortgage platform or on its own, delivers a home loan pre-qualification letter to the borrower’s inbox, with a copy to the loan office and realtor, in a matter of minutes.

The Digital Home Equity solution features education about the lender’s home equity programs, the ability to calculate loan amounts based on the consumer’s specific scenarios, an application and the ability to set up an appointment with a loan officer.

“Lenderful’s digital mortgage and home equity platforms are the perfect addition to LKCS’ array of financial marketing solutions. The outstanding user experience these products provide enable banks and credit unions to effectively compete with the non-traditional competitors invading the marketplace. We’re very excited to offer these solutions to our clients,” says Haas.

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