Roostify & TD Bank expand partnership for home equity experience

Integrated digital mortgage software platform provider Roostify, has announced that TD Bank, a U.S. national bank and subsidiary of the Canadian multinational Toronto-Dominion Bank, has added Roostify’s home equity solution to the bank’s digital home lending platform. The home equity platform provides customers with an online platform for both home equity loans and lines of credit.

The new technology adoption is built on the partnership between the companies which took place last year to launch a digital mortgage platform for enhancing the bank’s mortgage processing times.

“TD’s partnership with Roostify has been instrumental in our continued effort to deliver legendary customer experiences at every touch point. With this latest enhancement, prospective borrowers visiting our website now have consistent, seamless interactions across all of our home lending products. Our business expects to see increased pull-through, accelerated time to close and gains in cost efficiencies,” said Jon Giles, Head of Home Equity Lending at TD Bank.

Roostify’s loan builder tool on TDBank.com is expected to allow homeowners considering leveraging their equity to assess and compare various home loan products.

“Roostify has created the best possible digital lending experience for TD Bank customers and loan officers. Customers use the same trusted platform to apply for a home equity loan as they use for securing a mortgage. Working independently, or with a loan officer, in an omni-channel environment, the borrower can now secure the loan that best meets their financing needs and preferences of engaging,” said Rajesh Bhat, co-founder and CEO of Roostify.

Recently Roostify expanded its partnership with Optimal blue for enhancing the digital lending experience.

America’s conventional TD Bank serves over 9 million customers with a range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. The bank, along with its subsidiaries offer customized private banking and wealth management services through TD Wealth and vehicle financing and commercial dealer services through TD Auto Finance.

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