Today, almost every step required to purchase a home can be completed online. Many homebuyers start their home search virtually, while local real estate agents are increasingly using 3D tours to limit in-person showings. Applying for a mortgage, consulting with a lender and submitting and signing mortgage-related documents are also now available electronically. Loan applications and mortgage closings are quickly transitioning into the paperless age with an efficient experience designed with customer convenience in mind.
While digital mortgages and eClosings are mortgage transactions aided by technology, high-tech is no replacement for high-touch. At Guild, we recognize that getting a mortgage loan is a very personal transaction. “Beyond the use of technology to make the loan process more efficient, we will continue to assist our borrowers with real people–experts dedicated to helping borrowers through what is often the biggest transaction of their lives,” explained Mary Ann McGarry, Guild’s CEO.
Learn more about the benefits of Guild’s digital mortgages and eClosings and what to expect when buying a home.