Mortgage Industry Adapts to Millennials

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August 03, 2015

No one enjoys paperwork, but home-buying millennials are particularly averse to it.

The New York Times found that lenders in the mortgage industry are making it easier to appeal to younger generations. Lenders allow appicants to submit documentation digitally, they make their websites informative and easy to use, and they process applications quickly.

Among the more progressive lenders, San Francisco-based Social Finance (SoFi) has been especially effective in working with millennials.

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