The Mortgage Bankers Association said its seasonally adjusted index of loan requests for home purchases, a leading indicator of home sales, fell 5%. U.S. mortgage applications to buy homes fell to their lowest level last week since February.
But when applications are down is the best time to turn your mortgage technology up a notch. Why?
- Your staff has the time to learn a new system.
- Digitizing loan file storage reduces other costs like overnights
- Distribution of work is possible when data is stored centrally
Just replacing the old with the new isn’t enough though. Find the one that’s best for you.