The following message was written by our President and CEO Todd Hall for our Winter 2020 Quarterly Newsletter.
Home buying is likely the biggest purchase most of us will make.
It’s a defining moment in our lives.
Whether it’s the next big step in your independence, a relationship, a move, or any number of situations – it’s a milestone. It comes with benefits, like helping build equity. It gives you power to customize your surroundings as you see fit. There’s truly no place like home.
But the home buying process can be long and involved. When the search – a major task unto itself – is over and it begins to look like the end is in sight (at least, until you start moving in), you’re grateful for partners that make the work easier.
At Truliant, we’ve been working on ways to become more of a trusted partner for this biggest of financial decisions. We’re happy to report that we recently announced Truliant will be at the forefront of making mortgage closings easier by being one of the first North Carolina adopters of eClosings. This will be faster, better and more secure and allow members to start and finish a full eClosing for their mortgage online.
The final steps could be completed anywhere, streamlining parts of what was once a lengthy process into a few minutes. And while eClosings will make getting a mortgage loan more convenient, it’s just a part of improvements to our mortgage program.
Among them, we’re working on simplifying the digital application process for mortgage loans. We also began adding dedicated Mortgage Lending Officers (MLO) last year who assist borrowers in the application process. Our officers now service the Piedmont Triad region and are expanding into the Charlotte-Metro region. We’ve also created two digital MLO roles to support mortgage applications through our Member Contact Center.
Additionally, it’s worth noting new Truliant mortgage options and more in the works. We now offer more options to support first time and low-to-moderate income buyers. And, in 2019, we created the proprietary HomePath100 mortgage to better serve members by offering a low to no-down-payment option. And with Truliant servicing your mortgage, you’ll have local offices nearby, and established relationships, which we know is important to buyers.
Truliant plans to continue expanding mortgage offerings to better meet the needs of our members. Why is Truliant working so hard in this area? It’s one more example of how Truliant is a modern financial institution that always has the best interests of our 250,000 member-owners at heart.
Are you interested in a mortgage from Truliant? Visit our Mortgage Web Center. Truliant is an Equal Housing Lender.