NFM Lending Chief Information Officer, Christos Bettios, fresh from the 2017 Mortgage Bankers Association conference, discusses the future of the loan originator. Will the loan originator be completely removed from the mortgage process, replaced by technology? Bettios gives his insight from the conference as well as his insights on security and technology in the loan origination process.
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NFM Lending's Chief Business Development Officer, Greg Sher, leads NFM's efforts to raise donations for victims of Hurricane Harvey.
August 30 through September 8th, NFM Lending is encouraging its employees and interested referral partners to bring items to one of our 41 locations across the county so that we can schedule a pickup with the Red Cross to help relief efforts in Houston, Texas and Louisiana for residents affected by Hurricane Harvey. For information on branch locations, please visit nfmlending.com/branches.
For more information and updates on the effort visit https://nfmlending.com/nfm-lending-supports-victims-of-hurricane-harvey/.
You can also follow the hashtag #nfmheavyhearts on social mediaPost Views: 1,416
More and more of the loan process is happening for the consumer via the Internet. Mortgage applications, document uploading such as W2s and appraisals, document signing, communication and approvals are all happening more often on mobile platforms. There is no doubt that technology is infiltrating the mortgage industry.
But there is still something to be said for the human touch, that personal interaction where the loan originator gets to know the borrower and understand their needs better.
No doubt, in today's world, where people may prefer to do everything online, there needs to be a balance. But what is the right balance?
NFM Lending President, Jan Ozga, shares his take on what the right approach should be on man versus machine in the mortgage industry.
For more from Jan Ozga, please watch his interview with NFM TV regarding leadership and company culture. How Experience Affects Leadership at NFM LendingPost Views: 2,760
Cathy Purdham, Underwriting Manager of NFM Lending discusses the do's and don'ts for borrowers looking to make their first home purchase or refinance. What is debt-to-income ratio (DTI)? Why should you avoid large purchases? How important is your credit report and score?
What is payment shock? Residual income? Non-sufficient funds? And how do they factor in getting approved for a home loan?
If you are a first time homebuyer, looking to move up, or refinance, Cathy offers some great tips for making sure the transaction goes smoothly.Post Views: 2,067