Florida Agency Network Closes First Refinance E-closing Using Remote Online Notary

April 5, 2018

Florida Agency Network completed its first paperless, fully-digital real estate refinance transaction with United Wholesale Mortgage and Florida Mortgage Firm.

"After completing our first fully-digital purchase transaction using an online notary earlier this month, we knew the next step would be utilizing the technology for a refinance transaction," said Aaron M. Davis, CEO of Florida Agency Network. "Our borrower was thrilled at the efficiency throughout the entire process. This transaction was a key breakthrough in providing our clients the option of a fully digital remote closing at the time and location of their choosing."

Hillsborough Title completed the transaction utilizing remote online notarization via Notarize and Westcor Land Title Insurance Company, which issued the title insurance policy.

"It is exciting to be a pioneer in the Florida market with the e-close experience,” said Nate Davis, owner of Florida Mortgage Firm. “The days of long drives to title offices, scheduling time off work for the sole purpose of signing docs, and overseas clients searching for U.S. notaries will soon be a distant memory with this platform. Physical closing attendance will always be an option for consumers, but this added convenience will be a solution to a multitude of scenarios that will benefit our customers."

Contact ALTA at 202-296-3671 or communications@alta.org.