Lenders One Adds Snapdocs as a Preferred eClosing Provider

Snapdocs offers its digital mortgage closing platform to national alliance network of more than 250 banks, credit unions and independent mortgage bankers

Snapdocs, Inc. announced that Lenders One, a national alliance of more than 250 banks, credit unions and independent mortgage bankers, has added its digital closing platform as a preferred eClosing provider. Beginning today, Snapdocs will provide access to its digital closing platform for Lenders One members.

“To stay competitive, it’s critical that lenders do more with less while also providing a best-in-class borrower experience. Moving to digital closings is the best way to solve this problem, but only if lenders can do it at scale”

“There are several options when it comes to digital eClosing solutions, and Snapdocs can help lenders get to scale with best-in-class technology, one of the largest networks of settlement partners, a hands-on approach across the entire digital closing journey, combined with the consultative approach from Lenders One, we are excited about this eClose solution for our members,” said Justin Demola, CMB, President of Lenders One. “We added Snapdocs as a preferred provider of Lenders One because of the team’s dedication to customers, ability to help clients scale, and proven track record of eClosing success.”

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Snapdocs enables mortgage lenders to connect with all parties and technologies involved in a transaction to complete the entire closing process online. The solution is comprehensive – a networked platform that allows the many participants in a mortgage closing to work together more efficiently. Snapdocs’ technology uniquely manages the entire cross-party workflow, from conducting the closing to scheduling mobile notaries necessary to provide a seamless closing experience. In addition, the platform connects and integrates with all major real estate technology providers, working natively with leading Loan Origination (LOS), Point of Sale (POS), Title Production, eVault, and Remote Online Notary (RON) solutions, enabling them all to interact at scale seamlessly.

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As a Lenders One e-Closing solution provider, Snapdocs will offer members best-in-class tools and services to simplify the mortgage closing process, including:

• Technology: Lenders access a best-in-class digital closing platform that automates & standardizes all the time-intensive and error-prone tasks in a closing. Plus, lenders can scale closings regardless of their tech stack today or in the future. Snapdocs’ digital closing platform is purposefully tech-agnostic, with open APIs and out-of-the-box integrations that give lenders the flexibility to work within their LOS, POS, DocPrep, eVault, or RON provider.
• Network: Lenders access the largest settlement network already processing digital closings today on Snapdocs – and doing so successfully – helping ensure digital closing adoption at scale.
• Team: Lenders receive hand-in-hand partnership through the entire digital closing journey, with experts who have implemented more than 100 lenders on digital closings and rolled lenders out to full adoption.

“To stay competitive, it’s critical that lenders do more with less while also providing a best-in-class borrower experience. Moving to digital closings is the best way to solve this problem, but only if lenders can do it at scale,” said Todd Maki, Head of Business Development & Partnerships at Snapdocs. “Lenders One is widely recognized for the quality of its network of members, as well as its technology partners. We’re excited to work with Lenders One as a preferred eClosing provider and bring our leading platform to even more of its members nationwide.”