Finova: Transforming Borrowers’ Experience with Tech Insights
Wednesday, 11 September 2024, 02:10
Finova Research Highlights Technological Gaps
In a recent study, Finova, the UK’s largest cloud-based mortgage and savings software provider, reveals that one in five borrowers feel that lenders' technology is inadequate for their needs.
Challenges Faced by Borrowers
- Increased frustration due to outdated systems.
- Hesitation in securing loans from tech-unreliable lenders.
- Demand for better digital tools to enhance the mortgage process.
This research emphasizes the importance of technological advancement in the lending sector to support borrowers in today’s digital landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.