Drive Down Costs, Improve Accuracy
While many in the industry have already taken the step to drive paper out of the process, many lenders still struggle with mounds of paper. But, the fact is – the mortgage industry is going paperless, and if you want to stay competitive, you must jump on board.
But what about the costs...
If this is your concern, let us ask you another question – what about the savings? Below are just some of the benefits you can expect from a paperless solution:
- Reduced paper costs: By going paperless you eliminate costs and fees associated with paper, toner and express mail. Our clients have realized cost savings of $75 per loan in origination and $100 per loan in post-closing.
- Fewer security risks: Taking documents to the cloud eliminates unofficial copies.
But I need my files...
Many companies are slow to adopt paperless technology due to thinking some employees prefer hard-copy files or are not tech-savvy. However, our experience has proven time and again that providing excellent training and an easy-to-use interface makes all the difference. Here are just some things we’ve heard:
- “BlitzDocs’ image-based processing mirrored our conventional paper filing system, but in an electronic format, and we knew it would be easy to implement and easy to train our employees.” – mortgage lender founder and president
- “My team surprised me beyond my wildest expectations with their rapid adoption” – principal
- “[BlitzDocs helps us] work more smoothly with colleagues in other loan centers” – underwriter
- “BlitzDocs is the greatest thing since sliced bread” – seller servicer