Mortgage Process is Speeding Up, Thanks to Digital
October 20, 2017
Shopping timelines for purchase mortgages are continuing to shrink, according to a new study by LendingTree, an online loan marketplace based in Charlotte, NC, confirming a broader downward trend identified as well by Ellie Mae, a cloud-based platform provider in Pleasanton, CA. Much of the progress was attributed to the digitalization of the mortgage process. LendingTree analyzed data from a sampling of more than 5,000 closed loans from March 2016 through May 2017 ...