Aspen Mortgage is one of the few mortgage companies that can offer you an underwriten loan approval minutes from when we receive your application, by using an Online Application Utility.
This technology has been developed by FreddieMac and FannieMae, two of the largest mortgage investors in America. Using Loan Prospector (FreddieMac) or Desktop Originator (FannieMae) we can have have your loan approved in a matter of minutes. No longer do you have to wait days for your loan approval. Automated approvals also require less paper work and verifications in the loan process.
The mortgage industry is currently undergoing major changes in the way a homeowner obtains a mortgage. With the advent of the computer age, technology is paving the way towards faster and less restrictive lending practices. In the future most mortgage companies will be able, if they choose, to obtain loan approvals within minutes. This will be made possible by forums such as the Internet providing the means for fast and convenient access between borrowers and lenders, and electronic underwriting reducing needed documentation.
Aspen Mortgage has embraced this new technology for 10 years in order to provide the best possible service for our customers. Because of this, we are currently able to offer an underwritten loan approval in minutes. There is no initial cost for this approval. We hope you are as excited about the possibilities as we are.
We encourage you to use the Online Application for speed and convienence sake, but we would enjoy seeing you or at least talking to you on the phone.
Please feel free to give us a call.