A mortgage in 30 minutes? Fintech says it’s coming

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Celent have reviewed this profile and believe it to be accurate.
28 March 2018

Quicken Loans' Rocket Mortgage has made waves because it promises to process a mortgage application in minutes and close the loan in under a month, but a new upstart is aiming to knock the firm, now the largest retail home lender in the country, off its perch.

"A lot of consumers want an all-digital mortgage or a more-digital mortgage," said Craig Focardi, senior analyst at Celent. "We're not that far away where we can enter info on our smartphones and...

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News article details

Sector
Banking, Corporate Banking, Retail & Business Banking
Media Type
In the News
Location
Asia-Pacific, EMEA, North America