December 16, 2020
However, complex the loan application procedure may be, the end user is always expecting loser to closure at the earliest. This means, apart from the precision that has to go into the whole process, speed is also an important attribute that will differentiate you from your competitor.
Most of the lenders struggle with expertise in this area. Stacking and indexing loan documents, preparing and sending initial mortgage disclosures and such other functions require a standardized process orientation so that all preparations are done before the underwriting task can be taken up.
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