has announced its integration with eClosing technology solutions provider, Pavaso
, enabling lenders across the country to streamline the mortgage closing process.
With this integration, Premium Title offers mortgage lenders an efficient eClosing solution, allowing them to digitally deliver all closing documents to borrowers for review prior to closing on any device. By empowering borrowers with transparency and enabling communication and collaboration between all parties (lenders, title agents and consumers) in one virtual location, the eClosing solution can provide a more accurate and streamlined process.
“As a national title and settlement services provider, our company is always looking for ways to leverage technology and revolutionize processes that not only deliver greater value to our customers but can be implemented nationwide,” said James Weld, President of Premium Title. “Teaming up with Pavaso has accomplished just this and can give our lenders a competitive edge by making it fast and easy to get into the eClose space on a national scale. It can also provide them with faster disbursements, reduced errors, the prevention of missed signatures, savings on operational costs, faster liquidity in the secondary market, improved regulatory and audit compliance with detailed audit trails, signature logging and more.”
Dan McGrew, Chief Operating Officer of Pavaso, “Our collaboration with industry leader Premium Title is another solid step in our journey to provide a better, easier closing experience for borrowers everywhere. By providing an electronic closing process that allows borrowers to review their documents prior to closing, we are eliminating mountains of paperwork and uncertainty that borrowers face at closing. Pavaso delivers consistent closings every time so that all parties have complete certainty that the loans closed on our platform are error-free, complete and compliant.”