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In Tennessee, Churchill Mortgage announced a partnership to bring Mortgage Harmony's HarmonyLoan Rate Reset product to Churchill's borrowers.
As a member of the HarmonyLoan network, Churchill now offers the rate reset feature on selected products, enabling customers to compare the terms of their existing mortgage to the HarmonyLoan offer of the day and reset interest rates as often as every 180 days.
Through a secure, customized website, eligible borrowers can select the offer and complete the rate reset process through e-Signature, bringing the process time from 30 days or more to less than 10 minutes.
"The HarmonyLoan alleviates the headaches and duplicate processes that riddle traditional refinances, while providing borrowers with a higher degree of transparency and encouraging them to take more control of their mortgage," said Mike Hardwick, president of Churchill Mortgage. "Partnering with Mortgage Harmony enhances our overall level of service and strengthens the relationships we have with the community, as well as the industry at large."
