“Digital mortgage” is the hot new buzzword taking over the industry. But what is a digital mortgage anyways? And how did we get here?
Industry professionals helped define the digital mortgage experience at the National Mortgage News Digital Mortgage Conference last week in San Francisco.
In a live survey conducted during the conference by NMN and Mortgage Cadence, the majority of respondents defined a digital mortgage as a fully end-to-end electronic process, which includes the borrower experience, internal processes and electronic closings.