What is a digital mortgage?
Digital mortgage leverages technology to enable businesses to produce and transfer mortgages and store the mortgage details without the help of a paper trail, a loan officer, or a closing agent.
Are digital mortgages safe?
Yes, the process is safe. Digital mortgage allows the borrower to upload application documents securely, sign digitally, and avoid manual errors on the applications. This results in faster process for borrower; as well as keeping compliance in check for the lender.
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