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Online Opportunity is Now
A new survey by Deloitte Consulting LLC explains how lenders can not only survive today’s unsettled market but can emerge stronger than before. The survey confirms the best business opportunity today lies in the online lending arena. Results show the online channel can reduce your costs while simultaneously improving service quality and revenue. In fact, online loan origination can reduce your costs up to 80%. In addition, most consumers say online mortgage lending is faster, easier, and more convenient. But, to take full advantage of the online opportunity, lenders must streamline their application process.
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