When an individual applies for a loan from a mortgage lender, he has to submit many documents such as his/ her credit history, income proof etc. All these documents and data get sent to the credit analyst, who takes the final call, whether to approve the loan or not. Do you know what do these credits analysts examine before arriving…
Mortgage businesses often need a little extra help when it comes to processing loans. They have to take care of several back-end tasks before they can issue loans. Some examples of such tasks are having to check the backgrounds of the mortgage loan applicants, ensuring the loans they issue are compliant with the current rules and regulations, etc. These tasks…
Speed is very important to mortgage lenders today. When buying a home, they want prompt loan approvals and quick fund transfers. They make a beeline for lenders whose mortgage loan processing time is the shortest. Convenience and reliability are important too. So how do you trim your mortgage loan processing time without compromising on the loan quality? Read on to…