Fintech News

Evolve Mortgage Services & Pavaso Enable Fully Electronic Eclosing Solution for Borrowers and Mortgage Lenders

Evolve Mortgage Services & Pavaso Enable Fully Electronic Eclosing Solution for Borrowers and Mortgage Lenders

Social distancing has made eClosings and Remote Online Notarizations more crucial than ever

 Evolve Mortgage Servicesa top provider of outsourced mortgage solutions, and Pavasoa leader in digital mortgage closing technology, announce the ability 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 eClosing 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 eRecorded in counties where applicable.

Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing

“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,” said Paul Anselmo, CEO of Evolve Mortgage Services. “Fortunately, the long-standing relationship between Evolve Mortgage Services–with its doc engine SigniaDocuments– and Pavaso delivers the answer the industry seeks.”

Read More: Remitly Partners With Alipay to Offer International Remittances

The integrated solution delivers an online, paperless initial eDisclosure and eClosing 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.

Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Related posts

UATP Receives Second Patent Approval for Innovative Alternative Form of Payment Processing Solution

PR Newswire

Finout Launches FinOps Dashboards to Transform Cloud Costs into Business Value

Fintech News Desk

Greenphire Joins Decentralized Trials & Research Alliance (DTRA) to Automate and Accelerate Clinical Trials

Fintech News Desk
1