Digital Mortgage and Transfersafe Technology
The mortgage industry has moved into the 21st century and streamlined an age-old process that leaves behind pen, paper and fax. More precious these days is your time, and with that comes a shift in the mortgage industry eco-system through the use of modern technology.
Mortgage industry pioneers are using mobile-enabled technology to speed up the time to closing which benefits both home buyers and current home owners. An example of this technology in practice is Guaranteed Rate’s transfersafe. Powered by Box, transfersafe is a cloud-based service that allows instant collaboration between you and your mortgage team.
Here’s what the new Digital Mortgage means for you:
Virtual Document Safe
Gone are the days of illegible faxes, overlooked emails and messenger services. Transfersafe provides one location for all of your uploaded documents – you send it and it’s there. This translates into one point of deposit for your documents and one point of access for you and your mortgage team.
Less time printing your documents, less time signing your documents and less time dealing with a finicky fax machine.
Single Point of Communication
Your Digital Mortgage account using transfersafe allows you to send private, secure messages to your mortgage team – gone are the days of lost emails and missed phone calls.
Loan Status Updates
Transfersafe allows for complete transparency: it shows you in real time what documents have been uploaded to your account, which documents are still outstanding, and any questions or comments from your mortgage team along the way.
Safe and Secure
Transfersafe, powered by Box’s encrypted cloud technology, includes powerful document security features. Your password, uploaded documents and conversations are protected behind a firewall for maximum peace of mind. .
The transfersafe paperless mortgage allows you to: apply for your loan online, upload all of your digital documents and digitally sign your entire loan application package from the comforts of your home or while on your favorite mobile device during your lunch break – convenient, safe and easy.
Guaranteed Rate is committed to staying on the cutting edge of technology and transforming the mortgage process into a fast, easy, secure process – that’s your GR mortgage plain and simple.
Ready to buy your new home or refinance your existing mortgage now? You can get your loan application started now with our Digital Mortgage.