Wyndham Capital Mortgage Taps Notarize for Online Closings

Nov 07, 2019

Wyndham Capital Mortgage, a direct-to-consumer mortgage lender headquartered in Charlotte, N.C., has announced the completion of its first fully online digital closing with Notarize, the Boston-based company that enables lenders to complete the mortgage closing process entirely online.

According to the companies, the borrower at the center of the transaction was located in Virginia and completed the online process from his home. Wyndham was an early adopter of hybrid closings–the ability to eSign documents ahead of the closing meeting and meet with a notary in person–and took the opportunity to pursue an end-to-end digital closing experience.

“Our first closing went as smooth as it could have gone with Notarize,” said Daphne Beumer, director of closing and post closing at Wyndham Capital Mortgage. “As soon as the closing was complete, I emailed our executive team saying we needed to expand this offering to as many states as we could. This truly changes the dynamic of the traditional closing.”

Notarize Founder and CEO Pat Kinsel said: “Wyndham has been an incredible partner to work with. To truly be the modern mortgage company, companies need to use technology to make the last mile of the closing better. We believe that Wyndham, along with its partner Silk Title & Escrow, are leading the charge, and setting the bar high for the rest of the industry on how to make the home buying experience better.”

About the author

Phil Hall

Link copied

Published

Nov 07, 2019

People On The Move

GVC Mortgage Hires New SVP, National Director Of Strategic Lending

Jim Janczy looking forward to leading growth initiatives nationwide

The Pendleton, Indiana-based GVC Mortgage has welcomed a new Senior Vice President and National Director of Strategic Lending. Jim Janczy actually began his mortgage career the same year GVC Mortgage was founded – 1996. He started as a loan officer at Bay Bank in Boston 2...

Construction

Single-family Housing Starts Remain Flat In April

National Association of Home Builders attributes levelling off to high rates and low confidence

Single-family housing starts lagged behind overall housing starts in April due to higher interest rates and lower builder sentiment, according to the National Association of Home Builders (NAHB). While the U.S. Census reported overall housing starts increased 5.7% in Apri...

Jun

Detroit, MI