Articles Tagged with ''digital mortgage process''

Movement Mortgage, Better.com CEOs: The "one-click" mortgage is not the endgame for the housing business

Top mortgage execs on why the human element won't disappear
For the last several years, much of the narrative surrounding the housing business has been focused on the digitization of the mortgage and home buying process. Seemingly every day, there's another lender unveiling a digital mortgage process. And every few weeks, it seems as if there's another iBuyer joining the market, offering homeowners the opportunity to sell their home with the click of a button. But two of the top CEOs in the mortgage business said Friday that the "one-click" mortgage is not the endgame that so many people seem to think it is.
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U.S. Bank unveils digital mortgage experience

Mortgage, home equity, and HELOC enhancements powered by Blend
U.S. Bank is now the latest in a growing list of mortgage lenders that are digitizing their lending process. This week, the bank unveiled a sweeping new digital mortgage experience that borrowers can use for traditional mortgages, home equity loans, and home equity lines of credit.
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Pulte Mortgage going digital with help from Finicity

Homebuilder’s mortgage arm will use Fincity’s income verification platform
Pulte Mortgage, the mortgage lending arm of homebuilder PulteGroup, is partnering with 2019 HW Tech100 winner Finicity to further digitize its lending process. Pulte Mortgage and Finicity announced this week that the homebuilder will begin using Finicity’s digital income verification platform, which will allow the lender to reduce its processing time for mortgages.
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Are seniors ready for the digital reverse mortgage?

New startup MortgageRewind says yes
Historically, reverse mortgages require a long, consultative sale that often calls for numerous meetings, lots of paperwork and a good bit of hand-holding. One Colorado-based startup is aiming to change this with the launch of its 100% digital HECM application, offering seniors the ability to obtain a reverse mortgage from start to finish online.
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Credit Karma enters the mortgage business by buying Approved

Personal finance company has more than 80 million members
Credit Karma, the personal finance company that provides its 80 million members with products and services to manage their finances and connects those members to financial services providers, is officially getting into the mortgage business by acquiring Approved, a digital mortgage platform.
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Spruce raises $15.6M to disrupt title industry

Additional investor involvement brings total Series A funding up to $19.1 million
Self-proclaimed as the first digital native title company, Spruce is out to disrupt the paper-based title and escrow process as part of the real estate industry’s quickening march toward the digital mortgage. And now, the company has some new capital to aid its pursuit.
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BOK Financial joins Roostify's ranks of digital mortgage approvers

As the mortgage industry continues to move toward digitization, Roostify cleans house
The digital floodgates have opened, and another lender is in the process of developing a digital loan application platform with Roostify. Lender BOK Financial announced that it will be rolling out a digital loan application platform with Roostify's help. Roostify continues on its tear of lender gets as the mortgage industry runs toward digitization.
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SunTrust becomes latest bank to roll out digital mortgage platform

Joins Wells Fargo, Bank of America, Chase, others
Another lender is about to join the digital mortgage revolution, as SunTrust announced Monday that it is rolling out a digital mortgage application platform. SunTrust claims that its platform, which is called the “SmartGUIDE Mortgage Application,” allows consumers to complete a mortgage application entirely online in “half the time” of a typical mortgage application.
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