Camden National Bank launches 15-minute mortgage application, MortgageTouch

Source: Camden National Bank

Camden National Bank announces MortgageTouch, a new, fast and secure digital mortgage application that makes home borrowing easier and more efficient than ever before, a first for a Maine-based bank.

In as little as 15 minutes, a mortgage application can be completed with the touch of a fingertip which takes the complexity and paperwork out of the process. The new technology enhances the personalized service that Camden National Bank's experienced mortgage specialists currently provide to customers.

Camden National Bank now offers customers a modern, quick and user-friendly mortgage application complimented by local mortgage specialists who provide expertise, experience and knowledge throughout the home borrowing journey. Customers will have the benefit of using the MortgageTouch technology, while working with the Bank's mortgage lending team who can personally assist anyone, whether they are a first-time home buyer or a seasoned homeowner looking to refinance.

"We are always looking for ways to improve the customer experience. Buying a home for the first time or refinancing an existing home can be overwhelming," said Greg Dufour, President and Chief Executive Officer of Camden National Bank. "With our new MortgageTouch, the experience is simplified through secure technology that's user-friendly and coupled with the expertise and personalized service of our knowledgeable mortgage specialists."

The intuitive design and data connectivity allows borrowers to easily apply in 15 minutes from a desktop, tablet or mobile device while securely syncing bank statements, tax returns, payroll information and other data found in mortgage documentation. This modernized approach allows for swift verification of borrower details, lender access for quick follow-up and an overall efficient experience that speeds up the timing of loan approvals and closings.

Dufour continued, "We are thrilled to be the first Maine-based bank to introduce this digital mortgage technology. As an organization, we are constantly striving to offer the most innovative technologies for our customers while maintaining our personal approach."

Additionally, the Bank believes in strengthening and invigorating the communities within its footprint with unique programs like Hope@Home. Every time a customer finances a new home through Camden National Bank, $100 is donated to a local homeless shelter within the new homeowners' community. Since 2015, the Bank has donated nearly $150,000 to homeless shelters and looks forward to donating more in the years to come.

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