New Study Shows Mortgage Process as Challenging as Home Buying in Today's Competitive Housing Market
The report reveals key findings around the issues consumers face during the mortgage process and how digital solutions are starting to provide relief.
- The report reveals key findings around the issues consumers face during the mortgage process and how digital solutions are starting to provide relief.
- And, the loan process can be a seamless end to the home buying or refinancing experience, said Andy Sheehan, President and Chief Operating Officer, Finicity, a Mastercard company.
- Many lenders do offer a partial digital loan process today, but that doesnt mean that the customer experience is always better.
- Consumer-permissioned open banking solutions allow for digital verifications throughout the mortgage process, shaving days off the entire experience.