Snapdocs Joins Mortgage Collaborative Network of Preferred Partners | news

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SAN FRANCISCO, August 3, 2021 / PRNewswire-PRWeb / – Snapdocs, Inc., a leading digital closure platform for the mortgage industry, has announced a partnership with The Mortgage Collaborative (TMC), the nation’s largest independent mortgage cooperative network, to join its Preferred Partner network. Snapdocs is TMC’s newest priority partner specializing in eClosings, eVaults, eNotes and remote online notarial certifications. As a preferred partner, Snapdocs will provide exclusive pricing and access to its digital closure platform for TMC members, and the two organizations will work closely to provide insight and guidance on changing dynamics in the closure industry, facilitate industry working groups, and collaborate at events and more. forums for TMC members.

“Snapdocs is a leader and innovator in securing mortgage closure in the digital age,” he said. Jim Park, CEO of The Mortgage Collaborative. “TMC welcomes the Snapdocs team to our family and we are thrilled to add another great privileged partner to our network. I am confident that Snapdocs will help our creditor members close deals more efficiently and effectively, while providing a better product experience for their customers. ”

Snapdocs allows lenders to connect with all parties and technologies involved in a mortgage transaction to complete the entire closure process online. The solution is comprehensive – a network platform that allows many participants in mortgage closing to work together more efficiently and close more deals. Snapdocs technology uniquely manages the entire cross-party workflow, meeting scheduling, status updates, and notifications required for a seamless closure. The platform connects and integrates with all major real estate technologies, working natively with leading lending solutions, POS, title deeds, eNote and remote online notaries, allowing them to seamlessly interact at any scale.

Snapdocs will offer TMC members tools to simplify the mortgage closing process, including:

  • Electronic signature and electronic notarization
  • eNote and eVault
  • Wet, Hybrid & Full Electronic Caps
  • Integration of LOS, POS and DocPrep
  • Automatic preparation of all credit and title documents for electronic signature
  • Instant acceptance on the industry’s largest settlement network, while meeting the unique requirements of each investor, warehouse lender, state or county

“The Mortgage Collaborative is a respected and distinguished organization and we are thrilled to provide its members with the same benefits that our clients have received over the years,” said Todd Mackie, Vice President of Business Development and Partnerships at Snapdocs. “Lenders using Snapdocs see 80 percent fewer errors in their documents and reduce quality control time by 85 percent. With the time savings and automation we provide, lenders can close 10 percent or more of loans without increasing headcount, while reducing the closure process by an average of two days. “

About Snapdocs

Snapdocs, founded in 2013, is the leading digital mortgage closing platform. With its patented AI technology and connected platform, Snapdocs is committed to perfect mortgage closure for everyone. With millions of closings per year, Snapdocs is leading the way to modernize, streamline and improve the mortgage process for lenders, borrowers and settlements. Snapdocs is the only solution with a proven track record of creating one scalable process for every closure. More than 130,000 mortgage professionals rely on Snapdocs every day to automate the manual work and digitize paperwork that plagues the industry. Snapdocs is fast growing San Francisco a real estate technology based company backed by leading investors including Sequoia, Y Combinator, Tiger Global, F-Prime, Zigg Capital, Alkeon, Wellington Management, Greenpoint Partners, Maverick, Founders Fund, SV Angel, Gokul Rajaram, Lachy Groom, Jack and Sam Altman and Coyne Lloyd… To find out more visit snapdocs.com

Mortgage cooperation

Founded in San Diego, California.Founded in 2013 by four well-known industry leaders, The Mortgage Collaborative is the country’s largest independent network of mortgage cooperatives. TMC is committed to creating a collaborative and innovative environment for small and medium mortgage lenders across the country to lower costs, increase profitability, and better serve America’s dynamic and changing consumer base. For more information visit http://www.mortgagecollaborative.com

Media contacts

Corey Lewis, Snapdocs, +1 510.717.1736, corey.lewis@snapdocs.com

SOURCE Snapdocs



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