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PK Parekh - SVP, Discover Bank - President and P&L Head, Discover Home Loans - Discover Financial Services | LinkedIn » I built and led two market-leading consumer finance businesses in highly regulated industries, from new entrants to #1 and #2 in their respective national markets, generating over $1 billion cumulative profit and over $500 million recurring annual revenue._ _ Most recently, as P&L head and president of Discover Home Loans, I transformed and scaled the business from new entrant to #1 national market share of home equity loans in 2020, 2021, and 2022 (>60% CAGR over five years). I designed the business to grow profitably through any part of the interest rate cycle, making its ongoing double-digit revenue and profit growth in 2022-2023 distinctive in the mortgage industry. I also transformed marketing, operations, and technology to create an award-winning digital mortgage experience used by 98% of customers. The business has a $5Bn asset portfolio and operates at 70% lower unit cost than the mortgage industry average, resulting in $250MM annual cost avoidance._ _ Previously, I launched Discover Studen

Login | Discover Home Loans » Select the status of your Discover loan to login: Application in process or Loan has funded.

Home Equity Loan Timeline/Process » Hi! Long time lurker, just created an account to post as some may want to follow along to help them on their journey.   This is crazy long and I apologize in advance. Working with both BCU and Discover Home Loans on a HEL and deciding which to do.   I am looking to get a HEL in order to consolidate…

Wells Fargo Financial Services & Support » See how we’re helping customers succeed and communities thrive. For support 7 days a week, message us @WellsFargo

Discover home equity loan » Anyone have experience with Discover Home loans? I'm looking to borrow equity from my current home as a down payment on another house. They advertise no application, origination, or appraisal fees, while the interest rate is higher, this might be a good fit for my needs. Mortgage credit score is abo…


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