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…

Perfect Technology Stack for Mortgage Industry

Technology has transformed the Mortgage Industry in unprecedented ways by enhancing customer experience, increasing regulatory compliance and improving overall operational efficiency in the mortgage process. The Mortgage lenders and loan officers have at their dispersal a large stack of technology which they can implement into the mortgage process. The entire mortgage process which can be…

The importance of Blockchain in Mortgage Banking

While everyone acknowledges the role of technology in creating a truly Digital Mortgage process, the Mortgage industry is still apprehensive in adopting one of the most innovative technologies available – Blockchain. Mortgage process is highly complex and strictly regulated with multiple participants interacting with each other exchanging data and documents and adding transactions to the…