Wednesday, September 5, 2007

PPP-Electronic Disclosures

When we took out a loan for a house,I couldn't believe all of the paperwork we had to fill out. Now there are Electronic Disclosures or eDisclosures which make the whole process much simpler. All of the loan documents are converted to an electronic format called SMARTdoc which can separate the document from the data on it. It is entirely electronic and it could save thousands of dollars for everyone involved...and who wouldn't like to save money?

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