Day: June 26, 2017

mortgage borrowers applying in person

Mortgage Borrowers Want Best of Both

Sixty percent of mortgage borrowers recently surveyed by the American Bankers Association (ABA) prefer to apply for a mortgage in person, despite the existence of technology that eliminates the need for human interaction. Just 17 percent prefer to apply for a mortgage online. Only 34 percent consider their knowledge of the mortgage process “above average” or “excellent.” “Banks invest billions

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