What You Need to Know About Mortgage Document Management While there may still be institutions that generate paper files for their mortgage applicants, more and more lenders and their collaborators are digitally organizing their application and loan information. Whether a lender uses paper, electronic forms, or a hybrid approach of paper and cloud, there are tremendous advantages to utilizing proper …
Overcoming Common Challenges with Mortgage Document Management
Overcoming Common Challenges with Mortgage Document Management Efficient mortgage document management requires close attention at a number of levels. For example, an important document that is lost or drags behind other documents can slow the whole process down, resulting in longer approval times and frustration all around. The following are some of the major challenges faced by both lenders and …
3 Common Mistakes Loan Originators Make that Cost Them Dearly
3 Common Mistakes Loan Originators Make that Cost Them Dearly There are several mistakes loan originators make that can result in several major issues, killing the chances of further referrals. However, as damaging as these mistakes can be, they’re actually fairly easy to fix — all it takes is a little effort to improve organizational processes. Here are some of …
Borrowers Hate Emailing Their Tax Returns
Borrowers Hate Emailing Their Tax ReturnsEmail is insecure and borrowers know it. Most email is transmitted unencrypted, allowing hackers with access to any point between sender and receiver to steal email. Hackers especially love open WiFi networks. Borrowers don’t want the most private details about their lives to be seen by others or captured by identity thieves. Very understandingly, they …
“My Lender Knows Exactly Where My Loan Documents Are,” Said No One Ever
“My Lender Knows Exactly Where My Loan Documents Are,” Said No One Ever Floify.com announces new loan document organization capabilities, making it simple for lenders to find their loan documents fast. Today, Floify.com announced that it has new capabilities to perfectly organize any lender’s loan documents: Loan Dashboard: New “traffic light” metaphor aids in determining loan status at a glance …
Mortgage Brokers Use Secure Cloud Service to Collect and Process Mortgage Documentation from Borrowers
Mortgage Brokers Use Secure Cloud Service to Collect and Process Mortgage Documentation from Borrowers Mortgage brokers reduce delays while using less staff time to collect and process borrower loan documents, Floify.com announces today. Floify.com announced that its new cloud service is available today. Floify.com efficiently manages mortgage documentation and the loan document workflows of loan officers, loan coordinators, loan processors, …