Digital documentation is not required, but it is becoming increasingly common. Many lenders now offer digital documentation as an option to their borrowers. If you’re looking to streamline your mortgage approval process, digital documentation is a great way to do it.
How can I learn more about digital documentation?
You can learn more about digital documentation by talking to your lender or by visiting the website of the Mortgage Bankers Association (MBA). The MBA has a number of resources available on digital documentation, including a white paper on the benefits of digital documentation.
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