Docutech, the leading provider of document, eSign, eClose and digital to print fulfillment technology and a member of the First American family of companies, today announced that Home Point Financial, the nation’s second-largest wholesale lender, has added Solex™ eClosing to their offerings. Now, Home Point’s borrowers can close on their mortgage through a hybrid eClosing experience(Docutech).
“With Docutech’s Solex eClosing platform, our closers, brokers, correspondents, settlement partners and customers all gain important benefits from a more streamlined digital experience.”
With Solex eClosing, Home Point’s borrowers can review their closing package digitally prior to the day of closing, taking the time they need to familiarize themselves with the document prior to signing. On the day of closing, borrowers can eSign most documents in advance of meeting at the closing table, reducing the closing time to mere minutes. Once the closing is complete, all documents are digitized and stored in the Solex eVault.
“This integration is crucial in providing a convenient and streamlined mortgage process, and enabling our borrowers to review and sign the majority of their closing documents from home, which is essential – especially in today’s uncertain environment,” said Phil Shoemaker, Home Point Financial’s President of Originations. “With Docutech’s Solex eClosing platform, our closers, brokers, correspondents, settlement partners and customers all gain important benefits from a more streamlined digital experience.”
Approved by Freddie Mac and Fannie Mae for eClosing, eNote and eVault functionality, the Solex eClosing platform, in partnership with Simplifile, helps to bridge relationships and support for settlement agents and provide a comprehensive integrated eClosing solution. With eSigning efficiencies from initial document generation through post-closing, integration with the MERS eRegistry for all eNote management transactions, and Remote Online Notarization (RON), Solex delivers an end-to-end digital mortgage experience.