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Eddie_George

Get A Mortgage In Ten Minutes

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It took nearly five years and a team of 450 people, but today Quicken Loans is announcing Rocket Mortgage, an online mortgage that takes just a few minutes to complete. Quicken Loans sees Rocket Mortgage as the turning point in home financing. It’s home financing’s iPhone, Quicken Loans founder Dan Gilbert tells me. And he could be right.
The process takes less than 10 minutes. Like TurboTax, the service repackages complicated applications into a simple online form. But it’s important to note Rocket Mortgage is more than just an online application. The service also verifies information, then provides a conditional approval as valid as something a loan officer would issue.

If it's all automated and based on data, then I guess it would end liar loans.

http://techcrunch.com/2015/11/24/this-could-be-the-mortgage-industrys-iphone-moment/

rm-screenshot-2-refi-solution.png

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