Notarize Blog

Bringing notarization into the 21st Century

Redfin Closes “Instant” Mortgage with Notarize

Notarize celebrated its 1,000th online mortgage transaction at the start of 2019, just 18 months after completing the first online closing in the country. We’re thrilled about the momentum we’re seeing in the market, including key partnerships with some of the leader in the mortgage industry.

This includes our friends at Redfin, whose agents recently sourced and funded a loan in less than two hours, performing one of the fastest online closings in the industry.

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Lessons learned in closing over 1,000 mortgage transactions online

In the summer of 2017, we made history. On a Friday in July, an Illinois resident bought a home in Texas using a Texas title company, a Michigan lender, and a Virginia notary. The buyer completed their closing online, saving thousands of dollars in travel, hundreds of sheets of paper, and days in shipping.

Notarize has done over 1,000 online mortgage transactions since then, and we’ve learned a few things. The most obvious lesson is that no two stories are alike.

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