Eliminate the risk of notes being lost or damaged during shipping. eNotes can’t be lost, destroyed or fraudulently duplicated.
Get the note back instantly and deliver it to a warehouse lender or to an investor. No more waiting to get the note back from settlement.
Close and fund much faster. Decrease dwell times to turn your credit lines faster, saving on interest and fees.
When the note is signed digitally, you eliminate the errors inherent in traditional wet-ink closings.
Snapdocs includes a completely turn-key eNote solution for mortgage lenders.
Maximize efficiency by running every closing through one process – wet, hybrid, hybrid with eNote, & full eClosings with eNote & RON.
Simply include a PDF note inside the closing package and Snapdocs will create the eNote in the correct XML file format automatically. You don’t need to change your doc prep system.
Start with wet and hybrid closings, and phase in eNote as you and your partners become more comfortable.
Once the eNote is eSigned, Snapdocs stores the eNote in your MISMO-compliant eVault and automatically registers it on the MERS® eRegistry.