Let’s talk eClose and RON

So, what is eClose and RON all about?

eClose and RON (remote online notarization) are cutting-edge technologies in the mortgage industry. They bring lenders closer to the entirely remote, fully digital closing of loans.

 

Only a few documents within the loan stack must be ink-signed and notarized. eClose software solutions enable the documents eligible for e-signature to be previewed and e-signed by the borrower at their leisure, from the comfort of their own home.

 

RON offers a solution for even those stubborn wet-signed documents. Certain states provide for remote online notarization, where the notary can verify identity by screen share or teleconference and notarize digitally.

eClose and RON Benefits

For Mortgage Professionals

Cuts Costs

eClose and RON reduces labor, paper, shipping, courier, and scanning expenses, as well as the potential fiasco of paper documents that could get lost in transit.

Increases Profit

Faster loan closings reduce the costs the originator must carry before the loan can be sold on the secondary market, increasing the profit for the originating lender.

Saves Time

eClose and RON save the customer time, eliminating a trip to the closing agent’s office and reducing the time it takes to sign final loan documents from 30-45 minutes to as little as five minutes. This results in higher customer service levels.

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Mortgage Specific eClose and RON Companies

ELITE SPONSOR

Meet Snapdocs

Powering millions of closings a year, Snapdocs is the mortgage industry’s leading digital closing platform. Snapdocs creates one efficient process with all of your settlement partners and every closing type — including wet, hybrid and fully eClose.

Meet EscrowTab

EscrowTab offers title companies and lenders a new angle on digital closings with an integration-free, In Person Electronic Notary (IPEN) solution. It’s the only eClosing platform that allows a borrower to sign an eNote with a forensically verifiable handwritten signature.

Meet SimpleNexus

SimpleNexus is a homeownership platform uniting the people, systems, and stages of the mortgage process into a seamless end-to-end solution.

Meet ICE Mortgage Technology

ICE Mortgage Technology solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

Meet Stavvy

Stavvy is a digital mortgage platform built to equip lenders, title and settlement agents, and servicers with exceptional communications, eSign, Eligibility Engine, eRecording, and RON capabilities.

Certify

DigaSign

DocMagic

DocVerify

E-Closing 

Encompass eClose

eOriginal

Notarize

SIGNiX

SimpleNexus

Snapdocs

SYNRGO

Qualia

FOR YOU

eClose and RON Resources

  • eBooks
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Remote Online Notarization 101

This guide is for leading lenders seeking to seize the future of mortgage closings using eNotarization technology.

Choosing the Right Digital Closing Solution

Evaluating eClosing technology? Get the facts fast, with this comprehensive buying guide.

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eClose and RON Insights

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