What are the benefits of an electronic mortgage?

Hello Everybody:

Depending upon who you talk to, I have heard that the cost of maintaining and storing a single piece of paper range from ten cents to thirty cents. Because of New England Title’s commit to improve the real estate closing process, we have been advocating to mortgage lenders and realtors to adopt this electronic signature process and eliminate the traditional wet sign document. Storing of the physical paper will then be eliminated and drastically reduced.  Please check out our video blog for more information on this topic, here.