Discover Home Loans Named a Celent Model Bank 2020 Award Winner
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
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Source: Business Wire
Recognized for Innovating Like a Fintech RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Home Loans has been named as the Celent Model Bank 2020 award winner in the Mortgage Lending category and is being recognized for innovating like a fintech. Celent is a global research and advisory firm for the financial services industry. Their awards honor financial institutions for excellence in using technology to enhance the customer experience.“Discover Home Loans won the award by building a digital mortgage experience and simplifying and automating related processes. Customers can quickly and easily apply online, get evaluated for credit and available equity and receive accurate and personalized loan options,” said PK Parekh, senior vice president of Discover Home Loans. “Over 80% of applications start online and over 90% of borrowers use the website between application and funding to view disclosures, upload documents, and check their loan status.”Celent also recognized Discover’s eClosing
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