Closing a Mortgage Using Technology

Posted by Crystal Zech on Monday, August 24, 2015

Stonebridge Mortgage Group_Using Technology to Close a Mortgage and Relieve Stress
You can ask anyone, purchasing a home is stressful. Specifically the closing of a mortgage loan. In a recent New York Times article, the stressful process of closing a mortgage loan is described:

“A typical closing — the meeting to complete the loan — involves signing stacks of legal-size documents laden with financial jargon. Borrowers may be anxious about the amount of money involved and worry about whether they understand the forms they’re signing. Document packages can total 100 pages or more, and closings can take hours.”

The article continues to showcase how technology can alleviate the stress.

SRC: Learn about the technology they recommend at www.nytimes.com/2015/08/19/your-money/using-technology-to-close-a-mortgage-and-relieve-stress.html?emc=edit_tnt_20150819&nlid=67237800&tntemail0=y&_r=0

Categories: General

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