Video | Three Phases of eClosings

Overview

You want to do eClosings, but how do you actually go from paper closings to fully remote eClosings? In this 20-minute discussion, hear Assurance Financial break down the three steps that take lenders from 100% paper to 100% digital. Assurance Financial also shares why they’ve taken this phased approach to eClosings and what they’ve learned from adopting digital closings.

What you’ll learn

Why lenders need to have one consistent process for wet closings, hybrid closings, and eClosings
Why Assurance Financial processes wet closings through an eClosing platform
How lenders can go from wet closings to eClosings in three phases
The obstacles Assurance Financial faced when implementing digital closings
How hybrid closings enable lenders to reduce errors, shorten the closing appointment, and improve the borrower’s experience
The blockers to industry-wide adoption of remote online notarization
How eNotes reduce lenders’ dwell time and enable them to increase their revenue