Nexsys Dives Into True Cost of Manually Verifying HOI at MBA
It’s conference season for the Nexsys Technologies team and the Mortgage Bankers Association’s annual conference (MBA Annual) is always an exciting event. Our team members spoke to lenders and banking professionals at the show who are looking to get one step closer to a fully digital real estate experience, which made the time and cost-saving benefits of Nexsys Clear HOI℠ a hot topic.
We crunched the numbers to show attendees the true cost of manually verifying homeowners insurance (HOI), versus the groundbreaking automated technology of verifying with Nexsys Clear HOI. When you consider how much time, energy and resources go into the outdated manual method, it’s clear what a time-consuming and costly process it can be.
“Lenders are really excited to discover how they can modernize their verification steps with Nexsys Clear HOI,” said Nexsys Technologies EVP Mike Lyon. “We’ve automated a process that used to cost time and resources, and simplified it to the click of a button.”
If you haven’t heard the buzz, Nexsys Clear HOI is an innovative platform that instantly and automatically verifies homeowners insurance. It virtually eliminates the chance of manual-input errors because evidence of insurance (EOI) is electronically pulled directly from insurers, and it saves time and resources. By digitally connecting lenders and insurers, Nexsys Clear HOI automates and transforms a process that used to take days into one that now takes seconds.
That’s great news for lenders!
Schedule a Nexsys Clear HOI Demo Today
Ready to get one step closer to fully digital? Contact us today at (888) 411-7219 or schedule a one-on-one demo at clearhoi.com.