Ensuring Digital Signature Legitimateness for Mortgage in UAE

How to eSign a document: digital signature legitimateness for Mortgage in UAE

[Music] this is Jane and her boyfriend Lewis they met when Lewis sold Jay in the car a couple of years ago the car's still going well and despite Lewis's dodgy cooking the relationship has blossomed too in fact Jane thinks it could be the right time for her and Lewis to take the plunge and buy a condo in the new development just a few blocks away while Jane's been hatching these housing plans her bank's been working in the background to give her dreams the best chance of becoming reality thanks to FICO platform the bank has a deep understanding of Jane's Financial life [Music] while she's been busy moving up the ladder at work the platforms ingested internal and external data to check Jane's payments deposits and FICO score the details of Jane's financial situation feed into a machine learning model it optimizes her price sensitivity and risk level before screening rules decide that Jane would be a good candidate for a pre-approved mortgage offer the orchestration functions assemble the information and the decision engine triggers a communication to Jane via her chosen Channel that weekend James shows Lewis the pre-approved mortgage offer and they make a date to look over the condos and it's not a wasted trip they fall in love with the location and the modern Interiors the condo is a bit more than the mortgage offer but Jane and the West think they can afford it if they do a joint application plus James just got a raise at work which the bank doesn't know about yet when they get home Jane and Lewis submit the application that triggers a series of processes the bank notices a jump in Jane's income and sends a text message requesting Jane to upload proof of her new salary Jane is given the option to upload a pay stub or link a bank account she uploads a recent pay stub in her banking app the underwriting team receives the file updates and approves the joint application and the mortgage is pushed by FICA platform to the banking system for funding Jane gets a text telling her the mortgage is approved and she and Lewis are on their way to buying their first home together yay [Music]