Hitch provides white-label, purpose-built origination software specifically designed for Non-QM lending products like HELOC, HEI, and DSCR. The platform integrates automated underwriting, a dedicated broker portal, and an investor marketplace to streamline the entire loan lifecycle. This solution enables lenders to rapidly deploy new loan products under their own brand with pre-built workflows and compliance features.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional home equity line of credit (HELOC) origination processes are often manual, time-consuming, and inefficient, requiring significant effort from both lenders and borrowers. This complexity can lead to increased operational costs for lenders and a less-than-ideal experience for clients seeking access to their home equity.
Solution
Hitch offers an end-to-end digital HELOC origination platform designed to automate and streamline the entire process, transforming traditional lenders into fintech-enabled providers. The platform integrates with existing loan origination systems and automates key steps such as credit pulls and income validation. By simplifying and accelerating HELOC origination, Hitch enables lenders to offer competitive products, retain clients, and unlock new revenue streams. The platform's automation capabilities minimize manual effort, allowing loan officers to focus on client relationships and business growth.
Target Audience
Hitch primarily targets traditional lenders, banks, and credit unions seeking to modernize their HELOC origination processes and offer competitive home equity products.
Features
- Automated credit pull and income validation processes
- Seamless integration with existing loan origination systems (LOS)
- End-to-end digital HELOC origination workflow
- Streamlined application submission for loan officers
- Enhanced client retention through competitive HELOC offerings