If you’re a loan and mortgage processor, you know that the job entails much more than just loan and mortgage processing on a base level. There’s a lot of paper involved and way more signing than many average industries. In fact, the average mortgage application takes roughly 500 pages. When you pair that with the simple amount of loans that are processed each day, week, or month, you’re looking at a lot of paper — and a lot of costs associated with it.
That’s why it’s important to consider a multi-functional document management service like DOCUdavit when running your loan or mortgage business. A great service will help streamline your processes, save paper and money, and make you a more effective mortgage officer.
But a document management system isn’t the only kind of service you may need as a loan or mortgage officer. In the digital age, there are many services and apps that can help you not only manage, but increase your loan and mortgage business. Think about all the things you do on a daily basis that require just a bit of extra help to complete, and think of all the small helpers — the organizers, the marketplaces — that make everything come together.
Here’s our list of the top 5 apps to increase your mortgage business.
This list wouldn’t be complete without a handy note-taking and organizing app. Evernote is all of those things and more, as it can help get you set up with the right tasks for your day and also keep track of notes and tips you jot down as you go. If taking digital notes aren’t your thing, one very cool feature of Evernote is the ability to upload images to its database. That means you can take notes by hand, grab a picture of them, and upload it to a file on the app. This is a great way to keep all your loan notes in order.
Running a business means you’re always on the go and oftentimes do not have the time to print, scan, sign, or even fax documents when you need to. Enter SignEasy. This app will allow you to run a tight ship with its sign and send features. It’s as easy as uploading a document, adding your signature, and sending it on its way. Perfect for busy loan and mortgage officers!
We couldn’t have a list for the top 5 apps to increase your mortgage business without an app that is exclusively for the mortgage industry. RateWatch does exactly what it advertises: it watches the market interest rates at all hours of the day, keeping you up-to-date on what matters the most to your industry. Stay on top of deals while you track the ups and downs of the market, and do it all whether you’re in the office or not.
If you’re not using Floify to stay connected with other borrowers, then you’re missing out on one of the easiest mortgage automation tools on the market. This app is both a mortgage and point-of-sale service that streamlines the loan origination process for both lenders and borrowers. It’s a true all-in-one that immediately frees up time and space in your office and professional life.
LinkedIn is a wealth of information for any professional, but loan and mortgage businesses may find even more of a reason to download this networking app. It’s important to note that LinkedIn is only as good as your network, so make sure to spread out and meet other like-minded professionals who you can learn and grow from. Use the app to brush up on your knowledge, offer some of your own insight, and bring in new customers.