The Need for Speed

New Research: Lenders Using the Snapdocs eClosing Platform Experience 18-Day Faster Loan Velocity than Industry Peers

Retrieved on: 
Monday, April 22, 2024

Snapdocs , the mortgage industry’s leading digital closing provider, released new third-party research revealing lenders using its eClosing platform are 18 days faster than industry peers across the loan production timeline—from loan application through delivery to the secondary market.

Key Points: 
  • Snapdocs , the mortgage industry’s leading digital closing provider, released new third-party research revealing lenders using its eClosing platform are 18 days faster than industry peers across the loan production timeline—from loan application through delivery to the secondary market.
  • Lender participants using the Snapdocs eClosing platform averaged only 41.1 days from application to closing and 11 days from closing to shipping—a 26% overall improvement.
  • “Mortgage lenders utilizing the Snapdocs eClosing platform outperformed their participant peers across all three metrics.”
    Many factors, including employee productivity and efficient processes, can improve loan velocity throughout the loan life cycle.
  • However, STRATMOR Group’s research indicates that one factor among the fastest lenders is selection of partners, including the use of the Snapdocs eClosing platform.

Mission Pacific Hotel and The Seabird Resort Celebrate Grand Opening with Launch of Top Gun House

Retrieved on: 
Tuesday, May 24, 2022

OCEANSIDE, Calif., May 24, 2022 /PRNewswire/ -- Mission Pacific Hotel unveils today Top Gun House, a meticulously restored classic 1887 bungalow featured in the 1986 Top Gun film, which is now the home of HIGH-pie. Opening just in time for the highly anticipated Top Gun sequel, Top Gun: Maverick, Top Gun House evokes the enduring nostalgia of the beloved film franchise and HIGH-pie serves up signature hand pies. The opening marks the completion of the final phase of Mission Pacific Hotel and sister property The Seabird Resort. Together, the two resorts comprise San Diego County's largest oceanfront development in more than 50 years.

Key Points: 
  • The opening marks the completion of the final phase of Mission Pacific Hotel and sister property The Seabird Resort .
  • "We are thrilled to open the doors of Top Gun House and share this beloved historic icon with the city of Oceanside," said Michael Stephens, Area Managing Director, Mission Pacific Hotel and The Seabird Resort.
  • We are proud to introduce Top Gun House and celebrate the grand opening of Mission Pacific Hotel and The Seabird Resort."
  • To celebrate the grand opening, Mission Pacific Hotel invites aspiring mavericks to grab their wingman for an adventurous Top Gun themed Oceanside getaway with "The Need for Speed" experience.