LendingHome, an online mortgage shop, puts borrower in the driver's seat

LendingHome says it can close mortgages entirely online
  • LendingHome's mortgage tool lets borrowers configure their loan, lock in an interest rate and share their loan status with a real estate agent.

Lenders are increasingly allowing homebuyers to apply for mortgages online, but the underwriting process often requires drawn-out communication and additional paperwork submission.