What’s Next for Digital and Remote Loan Closings?
- Date:November 30, 2021
- Author(s):
- Austin Kilgore
- Report Details: 12 pages, 7 graphics
- Research Topic(s):
- Digital Lending
- PAID CONTENT
Overview
The COVID-19 pandemic brought about a significant increase in the use of digital and remote loan closings. But in many ways, the circumstances of the pandemic forced the hand of lenders and consumers to adopt these tools. Implementing these capabilities permanently requires a comprehensive strategy encompassing every facet of a mortgage company’s operations, from origination to servicing, and often requires the technology and services of numerous vendor partners. This report provides an overview of recent developments and trends in digital closing capabilities and offers insights to help lenders develop their digital closing strategies.
Learn More About This Report & Javelin
Related content
Beating the Fintech Mortgage Influencers: How FIs Can Prevail
To navigate the complex homebuying process, shoppers commonly seek guidance from non-bank influencers such as real estate agents, lending marketplaces, and digital lenders. Javelin...
How to Build Credit Card Wizards That Win Share of Wallet
Banks and credit unions provide a digital shopping experience that can lead customers to pick an ill-suited credit card and put an FI at risk of costly “silent churn.” In contrast,...
The Digital Lending Landscape for Newcomers to the U.S.
Every year, millions of people from around the globe legally enter the United States but struggle to line up banking and lending services because they lack standard documentation, ...
Make informed decisions in a digital financial world