The most advantageous step lenders can take to combat margin compression – that will have an immediate impact, as well as long-term scalability – is to digitize their loan origination process. eClosings in particular drive efficiencies and offer the potential for large cost savings due to less manual work, reduced expenses, increased accuracy and, ultimately, faster funding.
This eBook spotlights how lenders can digitize closings to improve the experience for their customers, reduce costs and close more loans faster.
Publisher: First American Docutech
Date: October 2021