Evolve Mortgage Services and Pavaso have partnered to launch an eClosing platform that supports remote online notarization (RON).
With the RON-compliant platform, borrowers can electronically sign closing documents, which can be e-recorded in counties where it is applicable.
Evolve Mortgage CEO Paul Anselmo emphasized the significance of remote notarization at a time when social distancing is imperative.
"With COVID-19 reshaping how borrowers interact with the mortgage industry, mortgage lenders need to provide borrowers with a low-contact closing experience to limit physical interactions and exposure," Anselmo said. "Fortunately, the long-standing relationship between Evolve Mortgage Services, with its doc engine SigniaDocuments, and Pavaso delivers the answer the industry seeks."
Additionally, the integrated platform offers an online initial eDisclosure and eClosing experience that mortgage lenders and title agents can directly implement or outsource to an established relationship with a signing agency.
"I'm confident that the relationship between Evolve and Pavaso will go a long way towards ensuring timely mortgage closings for the benefit of lenders and borrowers alike," Anselmo said.