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GO Mortgage Accelerates Loan Closings through Digital Automation

Posted by GO Mortgage Team on 2/20/20 11:29 AM

MILWAUKEE, WI (February 21, 2020)GO Mortgage has introduced Electronic Closings (e-closings) to its borrowers. Utilizing the new technology, GO Mortgage homebuyers will now be able to digitally sign closing documents, minimizing the time, effort, and errors associated with signing on paper.

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Topics: mortgage loans, digital tools, fintech, e-closings, electronic closings, eclosings

What is a Float Down Option?

Posted by GO Mortgage Team on 2/13/20 2:15 PM

When you lock a rate, your lender is guaranteeing you that rate for a specific amount of time, whether rates go up or down, you get the rate agreed upon at the time of locking. However, market rates can change daily, and rates could go down while your house is being built.

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Topics: mortgage loans, single close construction loan, float down option

GO Mortgage Makes New Appointments

Posted by GO Mortgage Team on 2/6/20 8:15 AM

MILWAUKEE, WI (February 06, 2020) —GO Mortgage has appointed Andrea Knorr and Travis Butler as the new Business Development Managers.

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Topics: recuriting, mortgage loan officer, mortgage loan originators, new loan officer, home loan advisor

Are Manufactured Homes the Answer to the Housing Shortage?

Posted by GO Mortgage Team on 1/16/20 1:35 PM

The normal housing market requires 6-7 months of inventory. Currently, the market has approximately 3.9 months of inventory. From low mortgage rates to insufficient construction of new houses, there are several reasons for the high demand and low supply.

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Topics: mortgage loans, single close construction loan, manufactured homes, off-site construction

New Construction Not Keeping Up With Demand

Posted by GO Mortgage Team on 12/11/19 1:24 PM

There is a disconnect between where homebuilders are building and where millennials want to live. NAHB predicts in their 2019 third quarter Home Building Geography Index (HBGI) that in the coming decade, 67 % of all millennials will be living in counties where housing construction has lagged.

 

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Topics: Construction Loans, millennials, building a new house

GO Mortgage Launches Alexa Skill Mortgage Calculator To Streamline Borrowers’ Mortgage Preparation Process

Posted by GO Mortgage Team on 12/5/19 1:18 PM

The Brookfield, Wisconsin-based mortgage lender is leveraging Amazon’s AI technology to achieve efficiency and transparency for its clientele and enhance their mortgage experience.

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Topics: mortgage calculator, Amazon Alexa

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