digital mortgage
Digital Lending, Mortgage Tips

How digital mortgage processes are streamlining the borrower experience

By PwC.  Ask a mortgage lender, “Do you effectively use digital documents?” Most will highlight advances they’ve made in incorporating imaging into their processes. Then ask a borrower the same question. You’ll frequently hear a very different story—one full of paper documents, multiple resubmissions of the same document, misrouted mail, and other sources of borrower headaches. Thirty-six percent of borrowers…

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Mortgage Tips

Saving Money by Shopping Around for Lenders

Meet Simon. Simon doesn’t like to be bothered, and he likes having people making his decisions for him. He doesn’t enjoy working hard when it comes to finance, it’s too boring and complicated. That’s what he claims at least. When Simon bought a place, he hired the first loan broker he could find, and literally took the first offer provided…

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Mortgage Tips

The 5 Hidden Fees in a Mortgage You Should Know About

Everyone hates this feeling. You are about to pay for something, still remember seeing the ad for the first time, thinking to yourself wow that’s a great deal. And then magic happens, your invoice includes all those fees you didn’t even think of. Let’s say you found this great deal on a hotel only to realize on checking-out that you…

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Mortgage Tips

3 Tips to Accelerate Your Loan Approval

It makes sense that the loan approval process of borrowing a meaningful amount of money should take time. Bureaucracy, right? Lots of paper going back and forth? You can’t get a hold of your broker and it’s already Friday afternoon? But wait, lenders are always using specific language in their ads that makes it sound so smooth and easy. “Overnight…

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