06.08.18

Three Benefits of the Digital Mortgage Movement for Credit Unions

It seems that most of the attention around digital mortgages has revolved around how non-bank lenders and fintech companies are using innovations to steal marketshare away from more traditional lenders. However, adopting digital mortgage practices can have such a positive impact on member satisfaction that credit unions should more closely examine how they can leverage the innovations to their advantage. This is important because closing on a mortgage is still perceived as a stressful, cumbersome, expensive and lengthy process by many borrowers.

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