Skip to main content

SimpleNexus Debuts New Disclosures Auto-Fulfillment Service
Sep 26, 2019
SimpleNexus announced a platform enhancement that merges the management of multiple loans with the same applicant into one user-friendly interface

SimpleNexus recently debuted its integrated auto-fulfillment service for mortgage disclosures, the latest enhancement to SimpleNexus’ integrated disclosures solution, which enables mortgage loan originators and applicants to securely share, review and sign mortgage disclosures and other loan documents online or in a lender’s SimpleNexus mobile app without logging into multiple portals.
Loan applicants who have consented to receive loan documents electronically (eConsent) receive instant push notifications when it’s time to review or sign disclosures. They can eSign most disclosures—including custom documents created by lenders—directly from the SimpleNexus mobile app or online. If a document needs to be wet-signed, SimpleNexus makes it easy to print, sign and upload the completed document in seconds.
In the event that a loan applicant does not eConsent, SimpleNexus will mail disclosures packages in accordance with regulatory deadlines, complete with a cover letter and table of contents to help borrowers navigate the documents. Alternatively, mortgage lenders that have their own fulfillment desk can download all of the loan’s disclosure documents as a single file for easy printing and mailing.
"With SimpleNexus, borrowers can use any device and access disclosures in one place—the familiar place they’ve been going throughout the homebuying process,” said SimpleNexus Chief Operating Officer Ben Miller. “We’ve developed our disclosures solution with lender input to eliminate more than a dozen pain points that occur in other solutions. For instance, we streamline the login process by auto-filling the correct email address associated with the borrower’s eConsent, and our system is smart enough to know that minor changes like the addition of a middle initial on a loan document shouldn’t require applicants to eConsent again. These are just a few examples of small optimizations that add up to a better borrower experience, massive time savings and stronger pull-through.”

Sep 26, 2019
More from
AI Can Revolutionize Mortgage Licensing

Will AI unlock efficiency and accuracy in licensing or will it be an added compliance risk?

Sep 18, 2023
Snapdocs Promotes Michael Sachdev to CEO

Founder Aaron King becomes executive chairman.

Sep 14, 2023
Rate Table Roulette

Barrier to entry is steep in this direct-to-consumer advertorial method

Sep 07, 2023
Log In To Lock In

Meet the mortgage mavericks raking in followers on social media

Aug 29, 2023
Team Human

Tech innovations should assist — not replace — loan officers

Aug 29, 2023
When Chatbots Go Rogue

Threats are posed to customer service and needs

Aug 14, 2023