Pavaso, Evolve Mortgage Services Partner to Offer E-closing Solution
March 26, 2020
Pavaso recently partnered with Evolve Mortgage Services, a provider of outsourced mortgage solutions, to offer a digital mortgage experience.
The platform includes a library of electronic- or e-enabled documents built entirely of SMARTDocs. It also includes an e-closing platform that supports remote online notarization (RON).
“With COVID-19 reshaping how borrowers interact with the mortgage industry, mortgage lenders need to provide borrowers with a low-contact closing experience to limit physical interactions and exposure,” said Paul Anselmo, CEO of Evolve Mortgage Services. “Fortunately, the long-standing relationship between Evolve Mortgage Services–with its doc engine SigniaDocuments— and Pavaso delivers the answer the industry seeks.”
The integrated solution delivers an online, paperless initial e-disclosure and e-closing experience that can be directly implemented by mortgage lenders and title agents. It can be outsourced to an established relationship with a signing agency, the companies said in a release. The combined solution allows borrowers to electronically execute all their mortgage loan documents from their homes. State-certified eNotaries can remotely acknowledge consumers’ signatures via Pavaso.
“I’m confident that the relationship between Evolve and Pavaso will go a long way towards ensuring timely mortgage closings for the benefit of lenders and borrowers alike,” Anselmo said.
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