I read a report today that in 2006 the Mortgage Industry consumed the equivalent of 238,000 trees in paper. Eliminating paper by using electronic transmission of documents is here.
The advantages are clear, no more faxes, FedEx or waiting. Documents can be signed electronically and closings can even be completed with an electronic signature pad.
Not all lenders are on board yet, but it is coming. Is this of interest to today's borrower or would they rather close the old fashion way?
Staff Profiles | Contact Hal Tennant | USDA Loans | Download Adobe Acrobat | Tell a Friend | Home | Loan Application | Mortgage Calculators | Customer Login | VA Loans | Zero Down Financing | Home Price Index | Daily Rate Lock Advisory | My Blog
Copyright © 2012 Bank of England dba ENG LendingPortions Copyright © 2012 a la mode, inc.Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map