Real estate and mortgage solutions provider SimpleNexus announced a partnership with Notarize that will enable eClosings on its platform. 

SimpleNexus eClose now supports remote online notarization (RON), enabling lenders to efficiently conduct fully digital eClosings. Its integrated eSign capabilities offer borrowers the ability to sign documents on any web-enabled device, including mobile phones.

Intelligent workflows improve lender efficiency by automatically updating documents across all platforms and alert lenders when actions have been completed. EClosing portal access for settlement agents more closely engages them in the process.

SimpleNexus currently partners with Notarize to provide the RON portion of its eClosing process, but plans to expand in the future with more RON providers.

“SimpleNexus is committed to delivering lenders with a one-stop platform that seamlessly guides borrowers throughout the entire homeownership journey,” SimpleNexus President Cathleen Schreiner Gates said in a statement.

“The added capability of RON, which enables full eClose, gives lenders and borrowers the choice to make closing as digital as they want. In addition to improved borrower experience, full eClose offers lenders substantial return on innovation with improved operational efficiency, greater data integrity and faster delivery of loans to the secondary market.”

With the addition of RON to SimpleNexus eClose, lenders can provide borrowers with a fully digital, single sign-on homebuying experience from application to closing. Currently, 32 U.S. states allow full eClosings in which all loan closing documents are electronically signed and remotely notarized. RON bills have been introduced in several other states and at the federal level.

“Remote online notarization is rewiring the closing experience for the digital era, making it simple, more efficient and secure to close from anywhere, any time,” Notarize Cofounder and CEO Pat Kinsel said in a statement. “In all market conditions, consumers are clamoring for the technology that streamlines closing, and Notarize is thrilled to be on the SimpleNexus eClose platform to close that ‘last mile’ of the transaction to make full eClosings a reality.”

Increasingly, many experts believe 2021 will be a significant year for mortgage technology as many lenders and solutions providers improve their tech stack after last year’s originations surge.

Email Kelsey Ramírez

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×