Pursuits
Silicon Valley Vies for a Piece of the U.S. Mortgage Market
- Startups offer applicants faster processing with technology
- Borrowers can sign and send documents on their phones
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Jeff Patmont got his home loan on his phone.
The 30-year-old marketing manager for a medical-device company said he did almost everything electronically for the mortgage on his $980,000 home in the San Francisco suburb of Lafayette, California.