PNC Bank, a member of The PNC Financial Services Group Inc., has selected San Mateo, Calif.-based Dorado Corp.'s Dorado Unified Point of Sale as the bank's new wholesale home equity channel.PNC Bank, the nation's 15th-largest home equity lender, is developing a broker network across its consumer banking region. The Dorado Unified Point of Sale application, leveraging Dorado ChannelMaster and PriceMaster, will provide a network-based, on-demand avenue for PNC brokers to originate, price, and submit home equity loans and lines of credit at the point of sale. Dorado can be found on the Web at http://www.dorado.com.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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