Evolve Mortgage Services, a provider of outsourced mortgage solutions, and Pavaso, offering digital mortgage closing technology, have teamed up to deliver a true, end-to-end digital mortgage experience that includes a full library of electronic- or e-enabled documents built entirely of Category One SMARTDocs and an e-closing platform that seamlessly supports Remote Online Notarization (RON).
Pavaso’s RON-compliant solution allows borrowers to be virtually anywhere in the world to electronically sign closing documents, which can be e-recorded in counties where applicable.
“With COVID-19 reshaping how borrowers interact with the mortgage industry, mortgage lenders need to provide borrowers with a low-contact closing experience to limit physical interactions and exposure,” says Paul Anselmo, CEO of Evolve Mortgage Services, in a press release. “Fortunately, the long-standing relationship between Evolve Mortgage Services – with its doc engine SigniaDocuments – and Pavaso delivers the answer the industry seeks.”
The integrated solution delivers an online, paperless initial e-disclosure and e-closing experience that can be directly implemented by mortgage lenders and title agents. Or, it can be outsourced to an established relationship with a signing agency.
The combined solution allows borrowers to electronically execute all of their mortgage loan documents from the safety and comfort of their homes. State-certified eNotaries can remotely acknowledge consumers’ signatures via Pavaso’s RON, and lenders can securely and confidently close their mortgage loans.