Going the traditional route with mortgage pre-approval can mean weeks of delay. Digital mortgage solutions offer more rapid pre-approval and often lower interest rate. Online paper-free mortgage applications are disrupting the industry because they put the buyer in control. When you’re looking for a new home loan or refinance opportunity, a digital mortgage can speed the process.
If you’ve ever been through the mortgage process, you know that it is frustrating and, worst of all, slow. The process starts by talking to a loan originator and completing the residential loan application which can take 45 minutes or more. From there, you can expect to:
Every step of the traditional mortgage process involves waiting and there is no speeding up lenders. In addition to delays come unnecessary costs. A standard mortgage also often costs more because of commissions paid to those that process the loan.
There’s a better way to do mortgages, and the answer is digital. Get A Rate uses the Hybrid App, powered by Artificial Intelligence (AI), that takes less than 10 minutes for a pre-approval and just 20 minutes for a full mortgage loan application.
Get A Rate’s Hybrid App is intuitive, transparent, and easy to navigate. It streamlines the application process and offers better outcomes by:
To get a personalized rate quote in under a minute click here.