We live in an ever-changing world when it comes to culture, news, the economy, and every other topic under the sun. The complex world of home buying, refinancing, and mortgages is no exception.
The route to financing a home used to be a lengthy and cumbersome process burdened by paperwork and red tape, but in the last decade, the mortgage industry changed the way it operates. We have seen “Fintech” companies—technology-based, non-bank organizations that are highly innovative and nimble—entering the market to offer customers speed and simplicity. These advancements make for an easier experience, but they neglect one of the cornerstones of community banking: the personal touch.
We are constantly striving to offer the most innovative technologies for our customers, while maintaining the personal approach you’d expect from a community bank. We recently celebrated the six-year anniversary of our digital mortgage application, MortgageTouch, which made home borrowing easier and more efficient than ever before—and it was the first for a Maine-based bank. In as little as 15 minutes, a mortgage application can be completed with the touch of a fingertip, taking the complexity and paperwork out of the process.
See for yourself what modern technology from local experts looks like.
