That is wild — and honestly a sign of where mortgage tech is heading fast.A three-hour closing versus three days used to be unheard of. What likely made it possible:🚀 Why it happened so fast1. Automated income/asset verificationLenders now pull bank statements, payroll data, and tax transcripts digitally instead of waiting for uploads.2. Instant credit + DU/LPA underwritingIf everything lines up, AUS can issue an immediate approve/eligible.3. e-sign + remote online notarization (RON)Cutting out scheduling delays saves days.4. Title automationMany second mortgages use “property data reports” or streamline title searches that don’t need a full title commitment.🧩 Why second mortgages close faster than first mortgagesThey don’t require an appraisal if AVM hits.Fewer compliance disclosures.Title and insurance requirements are lighter.No escrow setup.📈 Bigger pictureThe mortgage industry is absolutely racing toward:close-in-a-day loansfully digital underwritingAI-assisted document interpretationmore instant approvals for clean filesWe’re going to see more of what you just experienced—especially for HELOCs and seconds.tune in and learn https://www.ddamortgage.com/blogdidier malagies nmls#212566dda mortgage nmls#324329 Support the show

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