ResEdge by Residential Mtg 24.10.002

The ResEdge app by Residential Mortgage serves as a comprehensive tool for individuals engaging in the home purchasing or refinancing process. This application aims to enhance the efficiency and security of securing a home loan, allowing users to manage their mortgage journey conveniently from their mobile devices.

Key Features:

• Compare various loan programs to identify the one that best aligns with your financial needs.
• Electronically sign both loan origination and closing documents for a streamlined experience.
• Scan and securely submit required documents directly to your Mortgage Loan Originator, accelerating the loan processing time.
• Locate nearby branch offices with ease.
• Access contact details for your originator and communicate seamlessly at the touch of a button.
• Utilize mortgage calculators to:
• • Estimate monthly mortgage payments, including financial charges, PMI, hazard insurance, and property taxes.
  • Track your remaining loan balance effectively.
  • Evaluate potential savings by making larger monthly payments.
  • Determine how quickly you can pay off your mortgage with increased payments.
  • Analyze whether buying a home or renting would be more financially advantageous in your situation.
  • Assess potential savings from refinancing your current loan.

The app provides useful estimates for different financial scenarios; however, users are encouraged to consult their Mortgage Loan Originator for more detailed information tailored to their specific circumstances.