Deliver a Winning Lending Experience

“Mortgage companies need to evolve. Automating the backend mortgage process is the next step.
Key stats:
-The number of smartphone users in the United States has surpassed 224.3 million, with the number of smartphone users worldwide exceeding 2 billion.
-By 2025, banks could lose 20% of their mortgage profits.
-85 million Millennials, all digital natives, are either already, or poised to become, of age.
-The Mortgage Bankers Association reported that the cost to originate a loan hit a peak of $8,957 per loan in 2018, and the costs continue to rise.
-For one lender the average loan file had 302 pages in 2006. Now, the average mortgage file is 806 pages, a 167% increase over the past decade.”

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