Stearns Lending and New Penn Financial have gone live with Solex, a new e-signature solution from Docutech that provides borrowers with an intuitive, easy-to-use e-sign experience while giving lenders an auditable platform with the industry’s most trusted e-vault.
With Solex, borrowers and other parties to the mortgage process can easily sign loan documents from their computers, smartphones or tablets, Docutech says in a release. The solution includes tight integration with Docutech’s ConformX document engine.
Docutech says lenders need the ability to push e-signatures to mobile devices.
“Borrowers today expect to conduct financial transactions anywhere at any time of day,” says Erik Knight, vice president of operational risk and compliance for New Penn Financial. “With the mobile e-signature capabilities provided by Solex, we can meet our customers’ expectations and bring them closer to their dream purchases quicker and more efficiently.”
Solex offers two-factor authentication and single sign-on integration with financial institution lending portals for borrower convenience.
The integration into ConformX also ensures that e-signed disclosures and documents meet all regulatory requirements.