Why Loan Servicers Choose Canopy
Loan servicers need to regularly verify that collateral property has the right policy in-force, with the appropriate coverages, and the correctly named mortgagee.
Instead of requesting documentation from the borrower or the insurance carrier, which can take weeks, Canopy Connect enables loan servicers to verify insurance policies in 30-seconds with data directly from the carrier.
Additionally, servicers can make borrower-approved changes to the policy, such as editing the mortgagee.
Because Canopy Connect can be integrated into any system, your team members work in an environment they're familiar with and not switch between applications and spend unnecessary time on calls.