eLucid Lending announced the release of the eLucid™ 2.0 mortgage app for iOS. eLucid™ 2.0 app is an end-to-end digital mortgage solution that enables users to apply for and manage a mortgage with simplicity and transparency. WebFactorE developed the concept, designed the process and interface, then managed development of the app.
eLucid™ 2.0 enables users to take control of their mortgage experience so they can make their best mortgage decisions. It provides a convenient dashboard that allows users to monitor key mortgage factors including credit, property values, and interest rates.
Users can drill down into details such as credit history, factors affecting their credit, and recommendations for repairing credit; property valuation and tax assessments for their current or proposed home; and current interest rates for popular mortgage products, as well as personalized rates based on their credit and loan details.
eLucid™ 2.0 offers a simple loan application with instant pre-approval for qualified borrowers so users know where they stand without having to wait. It features digital document submission to make submitting financial information easy. Plus eLucid™ 2.0 includes a detailed timeline feature that provides 24/7 visibility into the status of a loan as it is processed.
eLucid™ 2.0 also enables users to manage existing loans – even if they are with a different lender. It tracks loan payments, updates balances, and provides a countdown clock to alert users when it is most beneficial to refinance.
eLucid™ 2.0 is a native iOS app designed for use on Apple iPad. It is available for free in the App Store. An iPhone version is also available.
eLucid Lending is a digital mortgage lender based in Las Vegas, Nevada. It services customers in California, Colorado, Nevada, New Mexico, and Oregon. WebFactorE provides executive management for the company’s technology efforts.