Snapdocs announced a new brand identity alongside an expansion of tools in its digital closing platform. Company leaders say this will automate each critical interaction between lending and settlement teams through new AI capabilities. The update will lead to more streamlined closing tasks, increasing efficiency and improving the borrower experience. “Mortgage closings are expensive, error-prone,…
Lenders looking for happy, loyal customers can benefit from streamlining and digitizing their closings, the part of borrowing that frustrates buyers the most. In a new survey from Snapdocs, 60% of homebuyers said they experience frustration during the mortgage process, especially during closing, which can impact lenders’ reputations and profits later. “Borrowers don’t remember everything…
Chase Home Lending increased its Closing Guarantee from $5,000 to $20,000 in a bid to entice buyers impacted by the affordability crisis. The Closing Guarantee commits to an on-time closing in as soon as three weeks or eligible customers get $20,000. This limited-time offer is available for qualifying customers purchasing a home with a Chase mortgage…
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