Turnarounds have improved radically in the last few years, as more lenders adopt technology and regulation changes to allow digital disruption (accelerated by the pandemic). In this review, Kate Aubrey takes a look at how speedy approvals are being achieved
As purchasing a home is one of the biggest decisions a borrower will make in their lifetime, lenders want to eliminate any anxiety and provide comfort to customers as quickly as possible, which has contributed to a surge in investment in technology to speed up mortgage approval times.
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