A decline in interest rates often tempts homeowners to refinance their mortgages and benefit from the savings generated. Even if the lower interest rate is because of a short-term fluctuation or other market-driven factors, homeowners try to refinance and take advantage of the potential cash savings that can be generated. From a homeowner’s perspective, the savings generated can be utilized…
As a Lender or Broker, you always want to please every borrower possible because word of mouth is the best marketing you could ever get for your business. Apart from the services that the loan officer offers in the field, it’s the job of the Loan Processor to either make or break the relationship with the borrower. A Loan Processor…
With current interest rates sinking ever lower, mortgage lenders and brokers are busier than ever. Volumes have gone up, and back-office teams are under immense pressure to process loans while maintaining quality and turnaround time. More often than not, they are missing closing deadlines because of backed-up pipelines. This is the right time to look for an external Mortgage Processing…