How Technology Plays a Part in Getting a Mortgage Today #homeownership #realestate #finances

Source:  U.S. News & World Report

Technological advancements lend themselves to countless consumer-facing industries, even transforming ones such as hospitality, travel, and banking.

But if you can manage numerous accounts online without ever having to sit down for a face-to-face conversation with another human, why is the process of getting a mortgage so different?

The real estate financing process is often expected to be a series of in-person meetings at banks or other offices, complete with scanning documents of financial background information and a slow approval process.  But those days are rapidly changing.  Lenders are beginning to embrace more new technology, and new lenders are even entering the game based around an automated platform.

Check out the full story here:
https://finance.yahoo.com/news/technology-plays-part-getting-mortgage-134148125.html

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