For borrowers, digital closings increase convenience and reduce the stress that borrowers feel when they see their documents for the first time at the closing table. For lenders, digital closing technology can automate most of their day-to-day tasks, freeing up their team to focus on providing borrowers a referral-worthy experience. 50% of lenders have purchased a digital closing solution in order to reap these benefits. However, lenders cannot achieve these results by purchasing and implementing a digital closing solution alone. In addition, they must ensure their settlement partners—who are ultimately responsible for conducting the closing— will adopt the technology and use it as intended. Without settlement’s buy-in, lenders struggle to scale digital closings.
What’s in the eBook:
Strategies to increase settlement adoption of digital closings
The two critical features that ensure adoption
Lender and settlement success stories
Learn more about Snapdocs
Founded in 2013, Snapdocs is the mortgage industry’s leading digital closing platform. With its patented AI technology and connected platform, Snapdocs is on a mission to perfect mortgage closings for all. Powering millions of closings a year, Snapdocs is leading the charge to modernize, streamline, and improve the mortgage process for lenders, borrowers, and settlement. Snapdocs is the only solution with a proven track record of creating a single, scalable process for every closing. Every day, over 130,000 mortgage professionals rely on Snapdocs to automate manual work and digitize paper processes that plague the industry. Snapdocs is a rapidly growing San Francisco based real estate technology company backed by leading investors including Sequoia, Y Combinator, Tiger Global, F-Prime, Zigg Capital, Alkeon, Wellington Management, Greenpoint Partners, Maverick, Founders Fund, SV Angel, Gokul Rajaram, Lachy Groom, Jack and Sam Altman and Coyne Lloyd. To learn more, please visit snapdocs.com.
Learn more about: eClose
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