Tag - mortgage application

100% Paper-Free Mortgage Applications?

Getting approved for a mortgage could get a whole lot easier! If you've ever financed a car you know how much paperwork there is, well, buying a house means quadruple that paperwork. There literally is a paper to sign stating that you've signed the previous paper. There is so much paperwork involved in a mortgage application and final closing but, that may start to change. Mortgage giants, Fannie Mae and Freddie Mac, have rolled out a new program that allows lenders to skip the collection of many documents that borrowers may need to submit. Lenders may be able to access third-party verification portals [...]

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