How Lenders Can Benefit from Disruptive Business Models
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The process of mortgage origination is time-consuming and intensive. It is in the best interest of lenders to work with mortgage processing partners who offer a variable pricing option for the mortgage process.
\\nOn average, a loan can take about 35 to 40 days to close. During this period, mortgage lenders collaborate with various service partners and vendors in order to manage all the functions related to data collection and verification. Their main aim is to close as many qualified mortgage loans as possible while ensuring that they are following all compliances. Continue reading...
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