Buying Florida
Didier Malagies is a leader in the Tampa Bay Mortgage industry, serving Pinellas, Pasco, Hillsborough counties, and beyond with his sights set on educating residential and commercial buyers regarding Florida purchases. With over 20 years of expertise, Didier has built relationships with realtors, bankers, and clients based on integrity and his drive to provide the best customer experience in the state by being there from beginning to end of every purchase.
Whether you're looking to move, invest, start a business or expand, Didier will share everything you need to know on his show every week.
Didier Malagies nmls#212566/DDA Mortgage nmls#324329
Buying Florida
closed a second mortgage in 3 hours, that is for real
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 fast
1. Automated income/asset verification
Lenders now pull bank statements, payroll data, and tax transcripts digitally instead of waiting for uploads.
2. Instant credit + DU/LPA underwriting
If 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 automation
Many 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 mortgages
They don’t require an appraisal if AVM hits.
Fewer compliance disclosures.
Title and insurance requirements are lighter.
No escrow setup.
📈 Bigger picture
The mortgage industry is absolutely racing toward:
close-in-a-day loans
fully digital underwriting
AI-assisted document interpretation
more instant approvals for clean files
We’re going to see more of what you just experienced—especially for HELOCs and seconds.
tune in and learn https://www.ddamortgage.com/blog
didier malagies nmls#212566
dda mortgage nmls#324329