Mansfield bank has launched a new mortgage origination Web site, allowing users to research interest rates and loans products and apply for their mortgage online.
Applicants have the ability to save their application and return to complete it at any time. On weekends, when many lenders are closed, borrowers can investigate products and apply for their mortgage, the bank said. Visitors to the site can also sign up for "Rate Watch," where they are emailed rate information.
"The ability to apply online for a mortgage is necessary to remain competitive in today’s market," said Ron Carlstrom, director of marketing for Mansfield Bank.