NotaryCam Program Aims to Ease Lender Path to eClosings

October 24, 2024

NotaryCam launched a new initiative to streamline the path to electronic closings for lenders.

According to NotaryCam, its Done For You eClosing program simplifies the implementation process by minimizing changes to lenders’ existing workflows and partnering with title companies to deliver the tools needed to close transactions electronically for any lender customer.

“Where I’ve had the most success from the lender’s seat is finding a title/settlement partner that could provide me with the eClose solution and process,” said Brian Webster, president of NotaryCam. “Our Done For You eClosing ecosystem puts the power in the hands of any title/settlement provider to be able to conduct and electronically close transactions for any of their lender customers. As a result, lenders can now reap the benefits of eClosings, including faster loan deliveries, reduced costs, and improved borrower satisfaction, with minimal disruption to their current processes and without needing to invest heavily in building the infrastructure themselves.”

The program includes:

  • Seamless Integration: Lenders send loan documents to their title partners as they do today. The title company then submits the request to NotaryCam.
  • Advanced Document Handling: NotaryCam uploads the PDF loan package and automatically tags the documents, reducing manual and tedious tasks.
  • eNote Generation and Management: The platform generates the eNote from a GSE-approved vendor and deposits it into a NotaryCam eVault. NotaryCam can then automatically deliver the completed eNote to the lender’s eVault or set up an eVault for the lender if needed.

“Lenders are well aware of the faster delivery times and quicker loan sales that eNotes facilitate,” Webster said. “However, what often goes unnoticed are the operational efficiencies gained by eliminating paper files. No more shipping costs, delays or lost documents. Post-closing and secondary teams no longer need to manage physical files, reducing errors and saving time.

“By removing these operational hurdles and minimizing intrusion into the lender’s current process, our ‘Done For You’ approach provides a powerful tool for title partners,” Webster added. “It’s about delivering an exceptional, game-changing advantage that makes the transition to eClosings as smooth as possible.”


Contact ALTA at 202-296-3671 or [email protected].