Snapdocs says it has completed its integration with Mortgage Cadence, an Accenture company, enabling lenders to use Snapdocs within Mortgage Cadence’s loan origination system (LOS) to streamline the closing process, reduce operating costs and enhance the borrower experience.
With the new integrated solution, lenders can seamlessly facilitate digital closings powered by Snapdocs and finalize closing documents without ever leaving the Mortgage Cadence platform. Lenders can easily order required closing documents and data with any version of Mortgage Cadence and securely transmit them to Snapdocs to initiate the closing process. The completed documents are then encrypted and returned to the Mortgage Cadence platform for secure storage.
“Lenders must do more with less in this tumultuous market, and conducting e-closings at scale offers a clear way to reduce loan costs, save valuable time, and deliver an enhanced borrower experience,” says Todd Maki, vice president of customer success.
“Many joint customers have asked for this integration, so we’re incredibly excited to bring a solution to market that saves lenders time and simplifies closings,” adds Jim Rosen, executive vice president of services, Mortgage Cadence. “Working with great partners like Snapdocs paves the way for even more lenders to embrace digital mortgage tools and advances the entire industry toward an all-digital future.”