From HW Magazine
The true digital mortgage
Automation can help lenders generate more leads and close loans faster
We hear a lot these days about the benefits of the “digital mortgage.” The term is widely overused, yet its promoters have largely under-delivered on its true promise. Often they are simply referring to the online applications that have been available for well over a decade. If the digital mortgage really streamlines that process, why does it still take up to 60 days to close a loan?