Perfect vehicle liens on time. Understand nationwide requirements. Focus on growing your business.

Smart lenders and brokers have embraced refinancing of cars and larger vehicles and equipment to balance the drop-off in new loan originations. Whether lenders work with borrowers who are looking for a better rate, extending the life of the loan, or getting second chance financing, they must consider risk to their portfolio. 10%-15% of all vehicle liens go unperfected and delinquency rates are normalizing after a volatile path through the COVID-19 pandemic.

 

Managing this risk is challenging, especially with manual and tedious in-house titling processes that can’t offer fast turnaround times or handle volume spikes. And keeping up with jurisdictional requirements as you expand into new states can be difficult. Now lenders and brokers can leave these administrative burdens behind and transform the titling process.

iLien Motor Vehicle is a Web-based, automated refinance titling solution that helps you:

  • Secure assets quickly to help you meet service level agreements (SLAs)
  • Mitigate risk by perfecting motor vehicle titles
  • Operate more efficiently with automation that streamlines workflows so you can better manage your operations
  • Prepare for audits with activity logs and status updates documenting every step of the titling process
  • Serve the customer better through the use of a digital solution that speeds and simplifies their auto refinance title change work

Accurate. On-time. Scalable. Efficient.

iLien Motor Vehicle is specifically designed to optimize lenders’ unique workflows and streamline refinance titling processes.

Accurate – Meticulous documentation of fees, forms, and requirements across all 50 states.

On-time – We’ll identify the best method for processing refinance transactions that balance both cost and turnaround times. 

Scalable – Our team manages growing requirements and following up with DMVs; your team can focus on growing your business. 

Efficient – Our powerful API equips you to process transactions directly from your own system.

Total control

iLien Motor Vehicle simplifies refinance and title change work.
From one end-to-end solution, you can confidently handle title processing and ongoing title management tasks:

 
lien-add-icon

Lien add

Lenders apply themselves as lienholder on the asset
title-transfer-icon

Title transfers (title only)

Lenders apply themselves as lienholder and transfer the title to a new state
title-registration-icon

Title and registration

Lenders apply themselves as lienholder on the title and register the vehicle at the same time

vin search icon

VIN searches

Determine who the current lienholder is or verify the current lienholder

Duplicate car title icon

Duplicate titles

If original title is lost or misplaced and a new copy is needed

Did you know?

iLien Motor Vehicle Refinance Workflow

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1 According to Transunion
2 Wolters Kluwer
3 https://cars.usnews.com/cars-trucks/refinance-car-loan US NEWS 1/31/22
4 American Financial Services Association
5 Auto Finance News 12/10/21
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