Taking paper out of the picture

Taking paper out of the picture

In Quicken Loans’ July ad campaign, Vulcans use the Rocket Mortgage app to apply for a mortgage and buy a house “in just a few Earth minutes.” The ad is a joint effort by Quicken and Paramount Pictures to promote Rocket Mortgage and the film studio’s forthcoming “Star Trek Beyond.”

Whether you love or hate the rebooted Star Trek movie franchise, there’s no denying that depictions of the Star Trek universe have evolved over time. As futuristic as the original 1960s television series was, its creators could not possibly predict the level of technological innovation we’d have today, in 2016 — let alone in the 23rd century.

The latest movies in the franchise feature larger, sleeker touch-screens, an Enterprise that looks like an Apple Store — and the noticeable absence of printed paper, which still occasionally showed up in the original TV series.

At FormFree, we think it’s long past time loans went paperless. In fact, we’ve built our name and our products around that vision.

For lenders, getting rid of paper means greater speed and efficiency as data changes hands in minutes instead of days. It means lower costs through the elimination of paper, ink and shipping expenses. It means better security as physical documents that are easily forged or altered are replaced by direct-access data.

For consumers, going paperless means delivering the promise of science fiction: transactions that are fast, fluid and free of unnecessary steps. Consumers don’t want to be encumbered by copiers, fax machines or filing cabinets — they want to transact their business swiftly and move on with their lives.

We’re proud to be part of the paperless lending revolution. To learn more about what we do, visit https://www.formfree.com/howitworks/.    

John Sheppard

CEO | Private Equity | Turnaround and Exit successes | Board Member | 3 succesful IPO’s | Consumer | 3 Patents | Entrepreneur | Success with small/mid cap to large corporations | Operations | Marketing | International

8 年

Excellent article by one of the leading voices of the digital mortgage ! Well done !

Sue Woodard

Mortgage and FinTech Evangelist | Senior Advisor at STRATMOR Group | Chief Customer Officer at InGenius

8 年

Right on.

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