has partnered with Mortgage Resources Group (MRG)
, an attorney-owned document preparation provider. The partnership will integrate the technologies of both companies, allowing for a seamless transfer of prepared closing documents into the Digital Close platform electronically.
Pavaso’s Digital Close is a closing solution that allows all parties to the mortgage transaction to communicate and work in one central location. The platform also provides built-in eSign and eNotarization capabilities that allow borrowers to sign and notaries to verify and stamp documents digitally. The Digital Close platform accommodates paper, hybrid and fully digital closings.
“MRG was looking for the best eClosing solution in the industry,” said MRG Managing Director Michael Riddle. “After evaluating several providers we selected Pavaso as our partner to provide a world class Digital Close platform to our clients.”
The Pavaso Digital Close platform facilitates electronic communication and collaboration between the real estate agent, lender, title/settlement agent and borrower, making the entire closing process easier by providing one digital location to deliver any document, especially the Loan Estimate and Closing Disclosure, along with educational materials.
Mark McElroy, President and CEO of Pavaso, said, “MRG delivers a world-class electronic document preparation solution, which makes this integration an easy decision. We look forward to offering the collective benefit of our systems to mortgage providers seeking to move forward into the digital transformation.”