Truth in Lending disclosure

A Truth-in-Lending disclosure outlines important terms of credit before borrowers are obligated to pay for a loan in question and is a required part of the mortgage process according to the Truth-In-Lending Act (TILA). Often, a TIL disclosure is included with an approved application and states the annual percentage rate (APR), amount financed, associated finance […]

Velocify Makes HousingWire Magazine's HW TECH100 for Fourth Time

Velocify Makes HousingWire Magazine’s HW TECH100 for Fourth Time

In sales, time is money. And in the mortgage business, where it takes 30 days or more to close a loan, time gets expensive fast. No wonder sales acceleration technology is creating such a buzz among mortgage lenders—or that Velocify is leading the way. Last week, Velocify was once again named to HousingWire magazine’s prestigious […]