Pavaso Inc.‘s Digital Close solution, which allows all parties in a mortgage transaction to communicate and work in one central location, is now integrated with Mortgage Resources Group‘s (MRG) document preparation service.
MRG is an attorney-owned document preparation provider offering disclosure and closing document solutions. The company combines years of real estate law experience and in-depth compliance insights with state-of-the-art technology to help lenders originate fully compliant loan packages.
Pavaso’s Digital Close solution, meanwhile, provides built-in e-sign and e-notarization capabilities that allow borrowers to sign and notaries to verify and stamp documents digitally. It accommodates paper, hybrid and fully digital closings.
The Digital Close platform also facilitates electronic communication and collaboration between the real estate agent, lender, title/settlement agent and borrower, making the entire closing process easier by providing one digital location to deliver any document, especially the loan estimate and closing disclosure, along with educational materials.
The integration of the two companies’ technologies will allow for a seamless transfer of prepared closing documents into the Digital Close platform electronically.
“MRG delivers a world-class electronic document preparation solution, which makes this integration an easy decision,” says Mark McElroy, president and CEO of Pavaso, in a release. “We look forward to offering the collective benefit of our systems to mortgage providers seeking to move forward into the digital transformation.”