Digital Mortgage Test Drive
- Date:July 30, 2021
- Author(s):
- Austin Kilgore
- Report Details: 25 pages, 13 graphics
- Research Topic(s):
- Digital Lending
- PAID CONTENT
- Download summary
Overview
Digital mortgage point of sale technology offers borrowers a comprehensive self-service experience when applying for a loan. Whether developed internally or sourced from one of more than a dozen specialty vendors, these platforms can be deployed to support a variety of lender operating models. This report will assess a variety of digital mortgage technologies based on real world, first-person evaluations of these consumer self-service application platforms.
The specific companies discussed in this report offer examples of different lender sizes and types, and the technology vendors are among the firms that Javelin believes are currently of particular interest to our clients and the mortgage industry at large.
Javelin intends to publish a companion report to this study, Digital Closing and eNote Test Drive, to provide a similar overview of a fully digital and remote loan closing ceremony to assess the strengths, weaknesses and future opportunities of this experience.
Key questions discussed in this report:
- What are the key features and capabilities required in a digital mortgage platform?
- How can mortgage lenders effectively incorporate self-service technologies into their origination technology strategy?
- What aspects of the digital mortgage experience would benefit from additional improvements and refinement?
Interested In This Report
Related content
Online Auto Lending Opening Doors for Banks
This Javelin Strategy & Research report looks at the state of digital auto sales today. The trend of car buyers seeking a fully digital experience, from shopping to acquiring a loa...
A Digital Playbook for Building Stronger Borrowers
The pandemic spurred a surge in credit monitoring. The good news for financial institutions is that consumers are more likely to track their scores through their banks and credit u...
What’s Next for Digital and Remote Loan Closings?
Roughly 20 years after the advent of eNotes in the mortgage industry, fully paperless loans still account for only a small fraction of overall volume. The fact is, digital closings...
Make informed decisions in a digital financial world