Digital Mortgage Technology

How can Lenders leverage Digital Mortgage Technology

Digital Mortgages are changing the landscape of Mortgage Banking by enhancing consumer experience as well as cutting down origination costs which has been on a steady rise primarily in the purchase market. Mortgage Lenders can leverage the Digital Mortgage Technology by minimizing human touches in the process without compromising the expected quality keeping in mind…

How Data democratize business decisions in Mortgage Industry

Mortgage industry being an industry riding on data driven decision making is seeing a paradigm shift in which business decisions are generated different sources rather from a few decision makers. The advent of Big Data and making it available for the C-levels has made this unprecedented transformation possible in the Mortgage Industry. Data in the…

Technology Stack for a Perfect Mortgage Website

A mortgage lender offering the lowest possible interest rates may not be able to entice the borrowers unless the first touch point – the website is carefully designed to cater to the exact needs of the borrower. Technology Stack for a Perfect Mortgage Website Responsive design Informational content Hassle free Navigation Search Engine Optimised Tools…

Loan Life cycle

How to reduce the loan life cycle leveraging technology

According to Fannie Mae the average closing time for a new purchase is 46 days, and 49 days for a mortgage refinance.  Common reasons for delays include incomplete loan application, missing documentation, low appraisal, delay in completing underwriting requirements etc. Mortgage companies can improve upon the existing internal processes and workflows using technology solutions that…

LOAN ORIGINATION SYSTEMS (LOS) COMPARISON

Since Loan Origination Software is the most critical application for loan officers, mortgage lenders, processors, underwriters, closers and all others who are involved in the Loan Origination process, the evaluation and selection of LOS is critical for any Mortgage Bank. Here we compare the top LOS software solutions in the mortgage market based on multiple…

Mortgage Front End Applications Comparison Part 2

Looking for more information on Front End Mortgage Application or need help choosing the right Front End Mortgage Application for your organization, leave us a message. Contact Us Now Here is the previous post in the Mortgage Front End Applications Comparison series; View part 1 of the Mortgage Front End Applications Comparison – Mortgage Front…

Mortgage Front End Applications Comparison Part 1

Looking for more information on Front End Mortgage Application or need help choosing the right Front End Mortgage Application for your organization, leave us a message. Contact Us Now Here is the next post in the Mortgage Front End Applications Comparison series; View part 2 of the Mortgage Front End Applications Comparison – Mortgage Front…