White Paper

The State of Digital Mortgage Closings

Snapdocs partnered with National Mortgage News and Arizent Research to survey leaders at the Top 500 mortgage lending companies. Study reveals improved mortgage closing performance in five key areas.

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White Paper Overview

The surge in mortgage demand and the global pandemic have combined to accelerate the industry’s digital transformation, particularly when it comes to addressing the traditionally error-prone, inefficient, and time-consuming practice of in-person closings. 

 

To better understand how digital closings have impacted lenders, Snapdocs partnered with National Mortgage News and Arizent Research to survey banks, independent mortgage banks (IMBs) and credit unions on their experience with digital closings. The white paper identifies lender outcomes and key benefits of launching a digital closing process.

 

What’s in the White Paper:

The white paper evaluates survey data from 100 respondents at firms with 3,500 or more loan originations in the past year to address:

  • How mortgage originators define digital closings

  • Where firms are on the adoption curve for digital closing technologies

  • What impact digital closing technology is having on lender outcomes

Download the complete white paper

Learn more about Snapdocs

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​.

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