90% of Mortgage Borrowers Prefer Person-To-Person Communication

-A salesperson actively involved is real estate activities must be employed by a licensed broker -The CalBRE considers a salesperson an employee of the broker, even if he or she is an independent contractor, for the administration of the real estate broker law

Okay, so maybe savings accounts and mortgage. the lines of communication, social media allows financial institutions to effectively manage relationships. A study performed by McKinsey & Company.

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While this figure does not only represent first-time buyers, they are likely to make up a large part of it and it is worrying that borrowers. to 90% of a property’s value. In fact, some lenders now.

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Automatic Termination\n\nLenders or servicers must automatically cancel pmi coverage on most loans once a borrower pays down the mortgage to 78% of the value, providing payments are current.\n\nBorrower Cancellation\n\nBy sending a written request, the borrower may ask for cancellation of PMI when the mortgage balance reaches 80% of the original value of the property.

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Consumers Still Value the Human Touch. How do lenders view between person-to -person (phone or in -person) and digital channels?. customer service. However, while many mortgage borrowers reported using inperson communication, only a few lenders say –

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When asked about the future role of person-to-person (P2P) communication (via phone or in-person channels), about half of lenders said that P2P communication will be equally important as it is today, but nearly 40 percent of.