The landscape for credit unions and regional banks has resulted in unprecedented pressures to enhance the customer experience. Midsize lenders are seeking ways to compete as larger competitors are bringing their traditional advantages in sophisticated technology to win new business. Instant Title technology introduces a new competitive lever to streamline the process to finance more loans in a shorter period of time.
Despite efficiencies, the average closing time remains 47 days for refinances.
-Ellie Mae
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Read this guide to learn:
- What instant title is and how it speeds the title curative process
- How to harness the benefits of new instant title technology to compete by expediting the search and clear-to-close process
- How lenders are leveraging the power of instant title to achieve breakthrough results