Taking a Page from Big Lenders to Achieve Game-Changing Speed

Midsized lenders have long relied on their ability to provide personal banking services, building on the affinity of their customers to earn long-term loyalty. However, larger competitors are bringing their traditional advantages in sophisticated technology to win new business – technology that has largely been outside the reach of the regional players like banks and credit unions.

But in mortgage closings, that dynamic is shifting.

This white paper covers the need for speed in title and what instant title means to your regional bank or credit union.

Publisher: Doma
Date: December 2021

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Traditional lending standards no longer fit a growing segment of borrowers in the modern mortgage market. These individuals may be self-employed, gig-style workers, real estate investors, or Gen Z freelancers. Non-qualified mortgage (non-QM) loan options, such as those offered by Deephaven Mortgage, fill the gap with flexible underwriting methods, a debt service coverage ratio (DSCR), […]

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