Borrower Benefits

Separate Yourself From the Competition

Create added value and customer stickiness with L1 Borrower Benefits. 

From homeowners insurance to HELOCs, these solutions are designed for all of your borrowers — whether they are purchasing a new home, refinancing their existing mortgages, or they are a past client in need of one of the services.

L1 Borrower Benefits can help you enhance borrower relationships, cultivate loyalty with repeat business, and increase referrals. As an added benefit, there is also the potential to drive revenue growth from the clients you already have. Solutions include Home & Auto Insurance, Home Service Contracts, Auto Service Contracts, Personal Loans, and Home Equity Lines of Credit (HELOCs). Learn more below and then request a consultation to get started.

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Enhance Borrower Relationships With These Solutions

Home & Auto Insurance

Make it easier for your borrowers to secure the homeowners insurance coverage required to close their mortgage transaction. L1 Insurance allows your borrowers to seamlessly shop, and reduce their home insurance premiums, while generating a new revenue stream for your business. Provided by CastleLine Risk and Insurance Services, LLC, an Altisource business unit, in collaboration with VIU by HUB International.

CastleLine

Benefits

  • Borrowers can shop and compare competitive homeowners insurance quotes in all 50 States from a network of over 50 insurance carriers, and bundle with auto insurance.
  • Reduced insurance rates can lower the borrower’s debt-to-income ratio, which can help with affordability.
  • Drive revenue growth with a new revenue stream for your business from your existing pipeline.

Home Service Contracts

Home Service Contracts, offered through HomeSafe, provide new and existing homeowners with peace of mind by providing safeguards from certain unexpected home system and appliance breakdowns.

Benefits

  • Fosters sustainable homeownership with predictable premiums and service fees, potentially alleviating some of the financial burdens of unexpected high-cost home repairs.
  • Drive revenue growth with a new revenue stream for your business from your existing pipeline.

Auto Service Contracts

Provided by CarShield, auto service contract solutions help shield borrowers from some of the high costs of automobile repairs, with a wide range of flexible vehicle service plans.

Benefits

  • Fosters sustainable homeownership and affordability, potentially alleviating some of the financial burdens of unexpected high-cost auto repairs.
  • Drive revenue growth with a new revenue stream for your business from your existing pipeline.

Personal Loans

Credible is an online marketplace that enables consumers to compare prequalified personal loan offers from multiple lenders without affecting their credit scores. Credible partners with leading lenders, providing personal loan options for various use cases, including debt consolidation and home improvement.

Benefits

  • Fosters sustainable homeownership with predictable premiums and service fees, potentially alleviating some of the financial burdens of unexpected high-cost home repairs.
  • Drive revenue growth with a new revenue stream for your business from your existing pipeline.

Home Equity Line of Credit

Home equity lines of credit offer homeowners access to their home equity to they can finance things like home improvement projects, a car, tuition, or other major purchases. NFTYDoor, a division of Homebridge®, offers lenders and banks a white-label, automated “HELOC in a box” solution for their borrowers, typically providing borrowers with cash in days, not weeks or months.

Benefits

  • Lenders can power their HELOC business by teaming with NFTYDoor as either a broker or correspondent.
  • Drive revenue growth with a new revenue stream for your business from your existing pipeline.

Let us show you how L1 Borrower Benefits can help you and your clients.

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