Post by kresten on Jul 4, 2011 10:37:21 GMT -5
Though the process is incredibly fast, online transactions don't involve `face-to-face' meetings of people at the beginning of the mortgage process. Due to this reason, it's advisable that all the three parties, the Borrower, the Lender [loan officer] and the Lead Company, check the credibility of each other as well as the documents before signing the loan agreement. It's important to note that the Internet should be used basically as a `gateway' in the Mortgage Process. There's no substitute for `face-to- face' human interactions.