According to a recent study by Marketwise, eClosing increases ROI for both lenders and title agents.
Notarize
February 7, 2022
2 min
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A full eClosing occurs when all closing documents are electronically signed and notarized online; including the eNote and security instrument. There are variations such as hybrid eClosings, where only certain parts of the lending process are brought online. Based on a recent study of Notarize customers conducted by MarketWise, implementing eClosings (whether hybrid or full) has shown the most impact on ROI for lenders — saving them time and improving loan quality and customer satisfaction.
Here are some key figures from the study that showcase the benefits of eClosings.
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Click here to access the full study and find out how eClosing increases ROI for lenders.