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SunTrust’s Omnichannel Digital Home Loan Fixes Mortgage Application Woes

SunTrust’s Omnichannel Digital Home Loan Fixes Mortgage Application Woes

The mortgage nightmare has become somewhat of a poster child for the benefits of omnichannel banking — being able to switch among various channels to pick up with incomplete applications.

The bank’s streamlined, user-friendly digital mortgage application delivers a smoother process to consumers who crave time savings. Moving is one of life’s most stressful life events. Part of that process is getting a new mortgage. The old approach was an endless paper chase, where the same information often needed to be submitted multiple times. It was an extremely inefficient and time-consuming ordeal. Even as some loan application processes became […]

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Fraud isn’t exactly rampant in the mortgage field. But it does happen, perhaps more frequently than you’d think. Sometimes, it’s the would-be borrower who commits the crime. Some lie on their applications about how much they earn, how long they’ve been on their current job, or the extent of their […]

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Here's How to Buy a House: A Step-by-Step Guide for the First-Time Home Buyer

Here’s How to Buy a House: A Step-by-Step Guide for the First-Time Home Buyer

The steps to buy a house might seem complicated at first—particularly if you’re a first-time home buyer dipping a toe into real estate for the very first time. Between mortgage rates, property taxes, negotiating with sellers, and closing the deal, it’s easy to feel overwhelmed. There’s so much at stake! […]

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Retired borrowers set to become the fastest-growing mortgage sector

Retired borrowers set to become the fastest-growing mortgage sector

Lending into retirement is expected to be the fastest growing segment in the specialist mortgage market over the next two years. According to the latest Financial Adviser Confidence Tracking (FACT) Index from Paragon, nearly 80% of mortgage intermediaries are expecting a retirement lending boom. Today lending into retirement accounts for […]

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