Skip to main content

MC Financial Launches New eClosing Service

NationalMortgageProfessional.com
Aug 30, 2017
MC Financial Inc. has unveiled the latest in their digital mortgage transition with the integration of an eClosing service

MC Financial Inc. has unveiled the latest in their digital mortgage transition with the integration of an eClosing service.
 
This announcement reaffirms MC Financial, Inc.’s philosophy of “making a positive impact for a homeowner” as they focus on dominating and disrupting the mortgage industry versus disrupting the potential homeowners’ life while applying for a mortgage. The eClosing service will have Fannie Mae and Freddie Mac approval through industry partnerships. The service will allow a homeowner to electronically sign all necessary loan documentation including the eNote (Promissory Note) independent of physical location. It will be a true digital notarization transaction with video chat service connecting homeowner to a certified Notary Signing Agent via mobile phone, tablet or desktop computer. The eClosing service will address the need of our 21st-century consumer and provide transparency in real-time.
 
“Our announcement for the eClosing initiative is just another step in becoming a digital mortgage leader in the industry,” said Ray P. Cruz, Managing Partner at MC Financial. “We have not made these investments lightly, but have taken in feedback from our clients and partners along with a heavy dose of industry data. We are not comfortable with being followers, so with a conscious effort to disrupt the industry we jumped in head first. Our #1 goal is and always has been to deliver great rates, great products, and great service by offering the best mortgage loan experience to each and every client.”

 
Published
Aug 30, 2017
More from
Tech
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Tech
Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Tech
Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Tech
Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Tech
Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Tech
Jul 16, 2021
Total Expert For Salesforce Improves Customer Engagement

Total Expert announced their integration with Salesforce to enable marketing and customer engagement on behalf of advisors, loan officers, and personal bankers. 

Tech
Jul 15, 2021