Snapdocs Integrates With Meridianlink’s Los For Home Equity Loans

Snapdocs announced Tuesday a new integration with MeridianLink’s cloud-based consumer loan origination system that allows lenders to originate and close home equity loans and home equity lines of credit (HELOCs) entirely within the MeridianLink Consumer platform.

The integration enables lenders to complete digital closings — including hybrid, eNote and fully digital transactions — using remote online notarization without having to leave MeridianLink Consumer.

Signed documents automatically flow back into the system once a closing is completed, reducing manual work, improving accuracy and shortening cycle times, the companies said.

America First Credit Union (AFCU) is among the first lenders to use the integration, per the company’s press release. The credit union has digitized its home equity closings and reported a Net Promoter Score of 100 from members following implementation.

“Our members can now complete a home equity closing in minutes — whether in-branch, with a mobile notary, or remotely,” said Austin Coleman, senior vice president of mortgage lending at America First Credit Union. “We’ve turned what was once a slow, paper-heavy process into a seamless, fully digital experience that’s faster for our members, easier for our staff, and consistent across every loan type.”

Snapdocs said the integration is designed to help lenders handle growing demand for home equity products as homeowners tap into accumulated equity. The company noted that the partnership is “well-timed” as home equity lending is on the rise.

“As homeowners tap into record levels of equity, home equity loans have become a core growth and retention strategy for many lenders,” said Camelia Martin, vice president of eMortgage strategy and industry affairs at Snapdocs. “Digitizing home equity closings allows lenders to meet that demand while improving efficiency and delivering the experience consumers expect.”

According to the Mortgage Bankers Association (MBA)’s most recent Home Equity Study, cited by Snapdocs, originations of open-ended HELOCs and closed-end home equity loans rose 7.2% year over year in 2024, while total outstanding home equity debt increased by more than 10%. Nearly 40% of consumers are using home equity loans for debt consolidation, the association reported.

“MeridianLink Consumer was built to help lenders originate faster and smarter,” said Wes Zauner, vice president of product management at MeridianLink. “Our partnership with Snapdocs delivers an end-to-end home equity workflow that reduces friction, strengthens compliance and improves borrower satisfaction.”