The swiftly approaching spring season has bolstered the volume of home purchase loan applications just as volatile mortgage interest rates had previously increased refinance requests. And in the midst of it all, fears of the spreading coronavirus disease 2019 (COVID-19) have left many would-be refinancers and homebuyers wondering if they might be better off avoiding their local mortgage office.
To be sure, mortgage is a relationship-based business. Trust in your mortgage professional is at the core of this monumental transaction… whether it be to secure a home purchase, take cash out or to obtain a lower interest rate on an existing mortgage. But don’t forget, your health – and the health and safety of your loved ones and community – are your most valuable assets. None of these factors should be minimized. Thanks to digital document and remote communication technology, purchase loan and refi seekers may learn they can honor both their health and their homeownership journey.
The Online Mortgage Solution
If you’re looking to secure a home purchase loan or to refinance, the Motto Mortgage network of offices provides a simple and accessible online loan application and processing system. Just because you rely on your relationship with your local Motto Mortgage network loan originator doesn’t mean you need to compromise your health (or the health of those around you). Maintain your social distancing routine without halting your mortgage pursuits by utilizing the robust and secure Motto Borrower Portal (Powered by Ellie Mae®) for the entire home loan process – from application to getting ready to close.
- Complete your online loan application
- Engage with your mortgage professional for real-time support. They’ll be there for you and can connect via email, text or video chat.
- E-sign documents in the comfort of your own home and with the knowledge that your information is protected by DocuSign®, the foremost digital signature provider.
- Receive loan milestone updates so that you’re informed of where you stand in the loan process at all times.
Working Together for Your Mortgage Loan
Executing a home purchase loan or refinance is a team effort that often includes many experts, including loan processing and underwriting professionals, legal professionals, appraisers, a title company, a lender and an insurance company. Throughout the country, the mortgage industry has banded together to create digital solutions to span the home purchase loan and refinancing process so that you can continue to strive toward your homeownership goals while continuing to protect your health and the health of others.
While every state and municipality is handling the effects of COVID-19 uniquely, your local Motto Mortgage office can guide you through your options and the process. Every Motto Mortgage office is independently owned and operated, which means your neighborhood loan originator understands your community and any local challenges or opportunities available to you. Motto Mortgage network brokers can shop a variety of lenders and loan products to find one with digital processing options and e-sign capabilities to suit your needs. Let your mortgage professional be your guide as you navigate the intricacies of your local mortgage climate.
Published on March 18, 2020
